Carlos Danger
Top 20
The market value per share they have for AVZ is interesting
$4,153,934 USD x 1.47 (USDAUD exchange rate) = $6,106,282.98 AUD
$6,106,282.98 AUD / 52,906,510 shares = $0.115 AUD per share
AVZ Discussion 2022
- Thread starter GazDix
- Start date
$4,153,934 USD x 1.47 (USDAUD exchange rate) = $6,106,282.98 AUD
$6,106,282.98 AUD / 52,906,510 shares = $0.115 AUD per share
Just guessing, but has their holding changed since a few years ago? Perhaps the 11.5c is based on a previous sale of part of their holding.
Winenut
Go AVZ!
Not being negative but they haven't been able to trade them really unless they wanted to sell to MMGA for 1c
So yes they are holding unless they want to trigger a capital loss for some particular tax reason
Mr_Tones83
Regular
Funds are required to provide up to date market valuations, so isn't dependent on sales. They would have either an internal or independent valuer for unlisted securities.
Just wondering what is to stop Fatty and his cronies from reversing all of this shit in the favour of the west, US, EU, WB and of course AVZ?
Then they could forget about the paper bags that they never received and not need to live in exile.
Deals can easily be cut when it suits all of the parties
Then they could forget about the paper bags that they never received and not need to live in exile.
Deals can easily be cut when it suits all of the parties
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he's in xi's pocket, chinese will come out of it with what they want, just hope avz get what they deserve.
TheCount
Regular
I also have some IXR, and the lessons from AVZ will be along the lines of periodic/systematic selling to firstly maintain capital, then take profits along the way. There are always more opportunities.
TC.
TheCount
Regular
They would take him out, and I don't mean to dinner...
Think there would be a few share holders that would like to take the cunt out for ##### Dinner #####
Bin59
Regular
Why did the DRC government fail to announce through their relevant Department’s websites at the time?
copperbeltkatangamining.com
On September 20, Manono Lithium SAS announced the successful conversion of its Exploration Permit into an Exploitation Permit for the Manono lithium mine, granted by the Ministry of Mines on September 13.
A company representative highlighted the significance of this milestone for the Democratic Republic of Congo (DRC) and its local communities: “This is a crucial step that will bring jobs, investment, and numerous benefits to the region.
The project will also contribute to global climate change efforts by increasing lithium supply to international markets. We are committed to its timely and successful development.”
According to a press release from Manono Lithium, its primary shareholder is a subsidiary of Zijin Mining Group Co. Ltd., a major international mining company listed on the Hong Kong and Shanghai stock exchanges.
Ranked 5th globally by Forbes, Zijin has invested over $3.5 billion in the DRC since 2014, contributing to large-scale projects like the Kolwezi copper mines and the Kamoa-Kakula complex. These ventures have generated more than 20,000 direct and indirect jobs in the region.
Zijin Mining Group has also been recognized for its strong environmental, social, and governance (ESG) practices, reinforcing its commitment to sustainable development.
Manono Lithium Secures Exploitation Permit for DRC Project - Copperbelt Katanga Mining
On September 20, Manono Lithium SAS announced the successful conversion of its Exploration Permit into an Exploitation Permit for the Manono lithium mine,
copperbeltkatangamining.com
MANONO LITHIUM SECURES EXPLOITATION PERMIT FOR DRC PROJECT
SEPTEMBER 22, 2024 CONSTANCEOn September 20, Manono Lithium SAS announced the successful conversion of its Exploration Permit into an Exploitation Permit for the Manono lithium mine, granted by the Ministry of Mines on September 13.
A company representative highlighted the significance of this milestone for the Democratic Republic of Congo (DRC) and its local communities: “This is a crucial step that will bring jobs, investment, and numerous benefits to the region.
The project will also contribute to global climate change efforts by increasing lithium supply to international markets. We are committed to its timely and successful development.”
According to a press release from Manono Lithium, its primary shareholder is a subsidiary of Zijin Mining Group Co. Ltd., a major international mining company listed on the Hong Kong and Shanghai stock exchanges.
Ranked 5th globally by Forbes, Zijin has invested over $3.5 billion in the DRC since 2014, contributing to large-scale projects like the Kolwezi copper mines and the Kamoa-Kakula complex. These ventures have generated more than 20,000 direct and indirect jobs in the region.
Zijin Mining Group has also been recognized for its strong environmental, social, and governance (ESG) practices, reinforcing its commitment to sustainable development.
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Bin59
Regular
I see Kiki Kienge has now deleted his posts on X - is he under pressure from the DRC Government?The DRC Ministry of Mines have a very up to date website - it has everything from news, to Decrees and current posts on X - but not a word about the granting of an operating permit to Manono Lithium, no official photos etc. either.
A recent post by Kiki:
x.com
x.com
Kiki Kienge
@KiengeKki
Mines_RDC
The government has never published any Decree on the creation of @Manonolithium, the granting of the EP! "Any transaction on a mining asset of a public company is decided by decree of the Prime Minister deliberated in the Council of Ministers"
@Presidency_RDC
View attachment 69623
View attachment 69624
View attachment 69626
Edit - his posts are still there
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Mr_Tones83
Regular
Which posts are you referring to?
There are still several posts from him calling out Manono Lithium on their PE claim that I can see
Cumquat Cap
Regular
Kiki posts still up and have got a lot of traction
Winenut
Go AVZ!
Hi Mr_T, I was referring to these posts
View attachment 69670
View attachment 69668
View attachment 69669
I’m looking at the X link now and I still don’t see them(although I was able to see them previously) but I’m not a member on X, so maybe he’s changed the settings that you only see them now if your signed in?
x.com
They're definitely still up Bin
I just snipped these off X from Kiki's account
I am on X and I follow Kiki
Bin59
Regular
Thanks for confirming that Winenut, I may have to sign up to X
FT is at this very moment at the UN demanding the UN security force to leave the DRC by December this year.
Something else to consider:
India's Population 1.4 billion.
China 2 weeks ago promised US$50 billion in aid to Africa.
The word here is promised, doesn't mean the African population is going to get it.
China's aid always has strings attached, only the sun is free.
Not a lot of money to buy more influence at the UN security council.
Why am I not surprised, knowing the way China operates.
All IMO.
Something else to consider:
India's Population 1.4 billion.
China 2 weeks ago promised US$50 billion in aid to Africa.
The word here is promised, doesn't mean the African population is going to get it.
China's aid always has strings attached, only the sun is free.
Not a lot of money to buy more influence at the UN security council.
Why am I not surprised, knowing the way China operates.
All IMO.
Take Felix to the station.
Oh, and I asked management for a response about Zijin Mining's claims, but got no response.
Reading between the (non-existent) lines indicates that it's fake news, or Zijin shaking the tree in order to judge push-back or ICC response, or a premature press release? I honestly don't know what to make of the contradictions surrounding this issue.
However, Remark's post (below) indicates that the DRC's fingerprints are all over it.
Cheers
F
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