AVZ Discussion 2022

[Winenut]

I'm going to find a way to get all over that on X

aaaand......

View attachment 70413

It's actually a really funny scene from Tropic Thunder!!

 

[Carlos Danger]

It's actually a really funny scene from Tropic Thunder!!

Welcome to the goodie room

 

[Carlos Danger]

Yikes. This is more humiliating for Bloomberg than that time their owner wasted a billion usd trying to be president but only won American Samoa in the democrat primaries lmao

https://www.opensecrets.org/2020-presidential-race/michael-bloomberg/candidate?id=N00029349

View attachment 70411

China’s Fast-Growing Copper Champion Is Reshaping Global Metal Supply​

Zijin Mining is vying with the largest Western producers for a spot among the top ranks, even as geopolitical tensions worsen

By Bloomberg News
October 3, 2024 at 9:00 AM GMT+10

Chen Jinghe was not long out of university when a government official handed him the assignment that would change his life. Go to Zijin mountain, he was told, and find gold.

It was 1982, and the geology graduate found himself on forested slopes in the remote, humid highlands of southeastern China. The bet paid off. The deposit his team eventually discovered became the nation’s biggest gold mine — and the foundation for a $67 billion state-owned behemoth that is today driving copper supply growth and gaining ground on some of the most established names in the global resources industry.

After a three-decade exploration and acquisition blitz, Zijin Mining Group Co. digs up gold, copper and lithium across multiple continents. A state-run company on paper, it has more frequently behaved like a private firm, with relatively few employees and a flexible, risk-tolerant approach to investments that has put it on track to join BHP Group Ltd. this decade among the very top ranks of copper producers.

“In the first ten years, we developed gold and copper at Zijinshan. In the second, we expanded across China. And in the past ten years, we’ve turned to global expansion,” the 66-year-old Chen said at the group’s headquarters in Xiamen, a coastal city some three hours’ drive east of the mine that gave the company its name.

Established Western names like Anglo American Plc limited spending over the past decade after the splurges of the last commodities boom, and most have yet to fully loosen the purse strings — but Zijin and peers like CMOC Group Ltd. have pressed ahead through the sector’s wilderness years. The result is that China, long dominant in refining and smelting, has now been able to dramatically expand its access to mined copper.

Zijin’s production of the metal has more than tripled over the past five years as new operations ramp up in Africa, the Balkans and at home. On an equity basis, it was the sixth-largest copper miner last year.

To a certain extent, the expansion tracks the nation’s broader rise to global growth engine and top commodity consumer. But Zijin is emblematic of a coterie of Chinese companies — both private and state-owned — changing the global metals landscape by generating a wave of mine supply, outpacing others with innovation and billions of dollars of investment, often in less-than-prime locations. China already dominated lithium refining, but has built up a robust lithium supply chain. Nickel too stands transformed.

Chen has previously described Zijin’s position as firmly in “the middle transition zone” between state firms and private rivals.

Inside the electrolysis plant at the Zijinshan mine operated by the Zijin Mining Group in Longyan, China, in September.

"They’re the fastest-growing copper miner and they fly a bit under the radar. They’ve ramped up mines internationally very successfully," said Colin Hamilton, managing director for commodities research at BMO Capital Markets.

"People ask me if China could do in copper what they have done in lithium. The answer is, it's a lot harder in copper, but a lot of the copper growth in the next few years is coming from places with significant Chinese investments."

Granted, the blueprint is not as easy to follow as it was, between worsening geopolitical headwinds and a global scramble for critical minerals.

“As a Chinese company, future expansion will be more difficult,” Chen said, sitting back in an armchair in the company’s town-center office. “As investors, we cannot ignore these pressures.”

Zijin’s Main Copper and Gold Mines​

The Chinese miner is digging up metal from Suriname to Australia

Resistance to Chinese acquisitions is growing across Western markets, and Canada’s curbs on foreign investment in mining have had particular significance for Zijin. The company has done more than $4 billion worth of deals with Toronto-listed companies since 2015. Even so, its plans to buy 15% of Toronto-listed copper miner Solaris Resources Inc. were scuttled in May, after a lengthy review by the federal government.

Solaris has since said it will relocate its head office to Quito. Zijin says it won’t give up on Canadian targets.

“All of this is quite regrettable,” Chen said, adding miners would feel the absence of Chinese capital. Firms like Zijin, which can take a longer, strategic view on raw material investments, have long been an important funding source for the junior mining sector.

But opportunities for Zijin will still come, he said, even if they emerge from locations where large, blue-chip Western miners still fear to tread.

Kamoa-Kakula mine in the Democratic Republic of Congo. Zijin and Ivanhoe Mines both have a share in the operation of just under 40%

“In order to have better options, we go to places with the richest resources in the world, even in places with relatively low development levels, or to places that many international mining companies consider problematic,” Chen said. “This is our differentiation.”

Not everything has gone Chen’s way over the past decades. In 2010, the company suffered a serious setback when acid leaked from its copper smelter at Zijinshan into the local river, killing enough fish to feed 72,000 people for a year and causing widespread panic. The toxic leak led to some Zijin and local government officials being charged, and Chen was handed a fine.

It was, Chen says, a mistake made by a young company. The company put up a memorial after the disaster, and marks the occasion annually. Today, he says, standards in some respects exceed those of Western counterparts.

More recently, Zijin has been swept up in US accusations of forced labor use in China’s western Xinjiang region. Its copper-gold unit there was sanctioned by the US in August, a development Chen said he met with “total shock and disbelief”. He said salaries were nearly double the local average, and added the company’s recruitment criteria required employees to be capable and to join of their own accord.

Zijin Has Outperformed Much of the Sector Over the Past Decade​

Shares in the Hong Kong-listed miner have run ahead of global giants

Back at Zijinshan, in the earliest days, Chen’s team sought to find anything more lucrative than the scraps of gold that had been spotted in the area as far back as the Song dynasty, a thousand years earlier.

He led his team into the forest, and toward what turned out to be a major gold lode below the mountain’s peak. Under that, they found copper. Extraction didn’t start until the 1990s, but it turned Zijin into a poster child for Chinese mining.

In Chen’s telling, the experience ultimately defined the company.

“Technology and innovation is our key competitive advantage,” Chen said, a floor-to-ceiling photograph of Zijinshan looming behind him. “We have our own research, design, construction capacity, so our projects can be completed very fast.”

In reality, deals have mattered almost as much, accelerating after a 2003 Hong Kong listing. From 2006 until last year, Zijin spent at least $7 billion on acquisitions, most of them completed overseas and in the past decade. It invested in Glencore Plc’s convertible bond in 2009, a means of gaining information and, the group said at the time, access. It moved into battery metals in 2021, with Argentinian lithium.

“We always know that most of the world’s highest-quality and largest mineral resources are controlled by Western mining companies,” Chen said. “As a latecomer, the opportunities for acquisitions were always going to be relatively difficult.”

Over Recent Years, Zijin's Production Growth Has Outpaced Rivals​

The Chinese miner has added close to 700,000 metric tons of mined production in under a decade

Note: Figures are provided on an equity basis

Many deals have been small — the biggest to date was Canada’s Nevsun Resources in 2018, snapped up for $1.4 billion in cash. But it’s the early-stage swoops that Zijin stands out for. It’s been enough to ensure the company is worth close to nine times more than it was a decade ago and can credibly target the position of top three copper miner. Output from Zijin’s mines is expected to climb to as much as 1.6 million tons of copper by 2028, up from 1 million last year — hefty, even if that includes some production attributable to other shareholders.

One such risk was a 2015 gamble on Canadian maverick Robert Friedland and his Kamoa project. Then, most of the industry was in debt and this was at best a promising project, tucked away in a remote corner of the Democratic Republic of Congo.

Now it’s one of the world’s biggest. Zijin bought into the mine and took a near-10% stake in Friedland’s Ivanhoe Mines Ltd, later increased. Today, Zijin and Ivanhoe both have a share in the operation of just under 40%.

“He's been the high bidder for the best assets,” Friedland told Bloomberg. “And that is exactly Warren Buffett's motto. Warren Buffett said, when I look back at my career, I always made the most money overpaying for the best assets.”

The mine produced almost 394,000 metric tons of copper concentrate in 2023 and Chen said Zijin was considering a pathway toward 1 million tons of annual output — ambitious, given the continued logistics and power supply challenges at Kamoa-Kakula.

“Our biggest regret in terms of M&A is that we didn’t manage to buy all of Ivanhoe at that time,” Chen said. “Robert was not willing.”

The Zijinshan mine in Longyan. From 2006 until last year, Zijin spent at least $7 billion on acquisitions. Zijin’s copper surge is well timed. The prospect of surging demand, as the energy transition takes hold, has already pushed the red metal to a record earlier this year. Large-scale new mines like Kamoa are rare.

“They are unburdened by the self-imposed constraints that Western mining companies — which are very risk adverse — face,” Friedland said. “It's difficult to conceive of a future where Zijin doesn't continue to have world leading growth.”

 

[Carlos Danger]

“We always know that most of the world’s highest-quality and largest mineral resources are controlled by Western mining companies,” Chen said. “As a latecomer, the opportunities for acquisitions were always going to be relatively difficult.”

LOL

 

[Carlos Danger]

One such risk was a 2015 gamble on Canadian maverick Robert Friedland and his Kamoa project. Then, most of the industry was in debt and this was at best a promising project, tucked away in a remote corner of the Democratic Republic of Congo.

Now it’s one of the world’s biggest. Zijin bought into the mine and took a near-10% stake in Friedland’s Ivanhoe Mines Ltd, later increased. Today, Zijin and Ivanhoe both have a share in the operation of just under 40%.

“He's been the high bidder for the best assets,” Friedland told Bloomberg. “And that is exactly Warren Buffett's motto. Warren Buffett said, when I look back at my career, I always made the most money overpaying for the best assets.”

LOL

 

[cruiser51]

I'm going to find a way to get all over that on X

aaaand......

View attachment 70413

What you gonna do?
Piss in Zijin's copper mine till it overflows? It's a fucking big hole mate.
The amount of shiraz you will have to drink is gobsmacking.
It will take out the entire production of Barossa valley, Clare Valley, McLaren Vale and anything around and in between.
You would be arch enemy numero uno of all SA pisspots!!
Please consider, before you drown the Zijin Chinese in your SA piss.

 

[Winenut]

What you gonna do?
Piss in Zijin's copper mine till it overflows? It's a fucking big hole mate.
The amount of shiraz you will have to drink is gobsmacking.
It will take out the entire production of Barossa valley, Clare Valley, McLaren Vale and anything around and in between.
You would be arch enemy numero uno of all SA pisspots!!
Please consider, before you drown the Zijin Chinese in your SA piss.

oh...

Okay then

 

[Dave Evans]

Yikes. This is more humiliating for Bloomberg than that time their owner wasted a billion usd trying to be president but only won American Samoa in the democrat primaries lmao

https://www.opensecrets.org/2020-presidential-race/michael-bloomberg/candidate?id=N00029349

View attachment 70411

China’s Fast-Growing Copper Champion Is Reshaping Global Metal Supply​

Zijin Mining is vying with the largest Western producers for a spot among the top ranks, even as geopolitical tensions worsen

By Bloomberg News
October 3, 2024 at 9:00 AM GMT+10

Chen Jinghe was not long out of university when a government official handed him the assignment that would change his life. Go to Zijin mountain, he was told, and find gold.

It was 1982, and the geology graduate found himself on forested slopes in the remote, humid highlands of southeastern China. The bet paid off. The deposit his team eventually discovered became the nation’s biggest gold mine — and the foundation for a $67 billion state-owned behemoth that is today driving copper supply growth and gaining ground on some of the most established names in the global resources industry.

After a three-decade exploration and acquisition blitz, Zijin Mining Group Co. digs up gold, copper and lithium across multiple continents. A state-run company on paper, it has more frequently behaved like a private firm, with relatively few employees and a flexible, risk-tolerant approach to investments that has put it on track to join BHP Group Ltd. this decade among the very top ranks of copper producers.

“In the first ten years, we developed gold and copper at Zijinshan. In the second, we expanded across China. And in the past ten years, we’ve turned to global expansion,” the 66-year-old Chen said at the group’s headquarters in Xiamen, a coastal city some three hours’ drive east of the mine that gave the company its name.

Established Western names like Anglo American Plc limited spending over the past decade after the splurges of the last commodities boom, and most have yet to fully loosen the purse strings — but Zijin and peers like CMOC Group Ltd. have pressed ahead through the sector’s wilderness years. The result is that China, long dominant in refining and smelting, has now been able to dramatically expand its access to mined copper.

Zijin’s production of the metal has more than tripled over the past five years as new operations ramp up in Africa, the Balkans and at home. On an equity basis, it was the sixth-largest copper miner last year.

To a certain extent, the expansion tracks the nation’s broader rise to global growth engine and top commodity consumer. But Zijin is emblematic of a coterie of Chinese companies — both private and state-owned — changing the global metals landscape by generating a wave of mine supply, outpacing others with innovation and billions of dollars of investment, often in less-than-prime locations. China already dominated lithium refining, but has built up a robust lithium supply chain. Nickel too stands transformed.

Chen has previously described Zijin’s position as firmly in “the middle transition zone” between state firms and private rivals.

Inside the electrolysis plant at the Zijinshan mine operated by the Zijin Mining Group in Longyan, China, in September.

"They’re the fastest-growing copper miner and they fly a bit under the radar. They’ve ramped up mines internationally very successfully," said Colin Hamilton, managing director for commodities research at BMO Capital Markets.

"People ask me if China could do in copper what they have done in lithium. The answer is, it's a lot harder in copper, but a lot of the copper growth in the next few years is coming from places with significant Chinese investments."

Granted, the blueprint is not as easy to follow as it was, between worsening geopolitical headwinds and a global scramble for critical minerals.

“As a Chinese company, future expansion will be more difficult,” Chen said, sitting back in an armchair in the company’s town-center office. “As investors, we cannot ignore these pressures.”

Zijin’s Main Copper and Gold Mines​

The Chinese miner is digging up metal from Suriname to Australia

Resistance to Chinese acquisitions is growing across Western markets, and Canada’s curbs on foreign investment in mining have had particular significance for Zijin. The company has done more than $4 billion worth of deals with Toronto-listed companies since 2015. Even so, its plans to buy 15% of Toronto-listed copper miner Solaris Resources Inc. were scuttled in May, after a lengthy review by the federal government.

Solaris has since said it will relocate its head office to Quito. Zijin says it won’t give up on Canadian targets.

“All of this is quite regrettable,” Chen said, adding miners would feel the absence of Chinese capital. Firms like Zijin, which can take a longer, strategic view on raw material investments, have long been an important funding source for the junior mining sector.

But opportunities for Zijin will still come, he said, even if they emerge from locations where large, blue-chip Western miners still fear to tread.

Kamoa-Kakula mine in the Democratic Republic of Congo. Zijin and Ivanhoe Mines both have a share in the operation of just under 40%

“In order to have better options, we go to places with the richest resources in the world, even in places with relatively low development levels, or to places that many international mining companies consider problematic,” Chen said. “This is our differentiation.”

Not everything has gone Chen’s way over the past decades. In 2010, the company suffered a serious setback when acid leaked from its copper smelter at Zijinshan into the local river, killing enough fish to feed 72,000 people for a year and causing widespread panic. The toxic leak led to some Zijin and local government officials being charged, and Chen was handed a fine.

It was, Chen says, a mistake made by a young company. The company put up a memorial after the disaster, and marks the occasion annually. Today, he says, standards in some respects exceed those of Western counterparts.

More recently, Zijin has been swept up in US accusations of forced labor use in China’s western Xinjiang region. Its copper-gold unit there was sanctioned by the US in August, a development Chen said he met with “total shock and disbelief”. He said salaries were nearly double the local average, and added the company’s recruitment criteria required employees to be capable and to join of their own accord.

Zijin Has Outperformed Much of the Sector Over the Past Decade​

Shares in the Hong Kong-listed miner have run ahead of global giants

Back at Zijinshan, in the earliest days, Chen’s team sought to find anything more lucrative than the scraps of gold that had been spotted in the area as far back as the Song dynasty, a thousand years earlier.

He led his team into the forest, and toward what turned out to be a major gold lode below the mountain’s peak. Under that, they found copper. Extraction didn’t start until the 1990s, but it turned Zijin into a poster child for Chinese mining.

In Chen’s telling, the experience ultimately defined the company.

“Technology and innovation is our key competitive advantage,” Chen said, a floor-to-ceiling photograph of Zijinshan looming behind him. “We have our own research, design, construction capacity, so our projects can be completed very fast.”

In reality, deals have mattered almost as much, accelerating after a 2003 Hong Kong listing. From 2006 until last year, Zijin spent at least $7 billion on acquisitions, most of them completed overseas and in the past decade. It invested in Glencore Plc’s convertible bond in 2009, a means of gaining information and, the group said at the time, access. It moved into battery metals in 2021, with Argentinian lithium.

“We always know that most of the world’s highest-quality and largest mineral resources are controlled by Western mining companies,” Chen said. “As a latecomer, the opportunities for acquisitions were always going to be relatively difficult.”

Over Recent Years, Zijin's Production Growth Has Outpaced Rivals​

The Chinese miner has added close to 700,000 metric tons of mined production in under a decade

Note: Figures are provided on an equity basis

Many deals have been small — the biggest to date was Canada’s Nevsun Resources in 2018, snapped up for $1.4 billion in cash. But it’s the early-stage swoops that Zijin stands out for. It’s been enough to ensure the company is worth close to nine times more than it was a decade ago and can credibly target the position of top three copper miner. Output from Zijin’s mines is expected to climb to as much as 1.6 million tons of copper by 2028, up from 1 million last year — hefty, even if that includes some production attributable to other shareholders.

One such risk was a 2015 gamble on Canadian maverick Robert Friedland and his Kamoa project. Then, most of the industry was in debt and this was at best a promising project, tucked away in a remote corner of the Democratic Republic of Congo.

Now it’s one of the world’s biggest. Zijin bought into the mine and took a near-10% stake in Friedland’s Ivanhoe Mines Ltd, later increased. Today, Zijin and Ivanhoe both have a share in the operation of just under 40%.

“He's been the high bidder for the best assets,” Friedland told Bloomberg. “And that is exactly Warren Buffett's motto. Warren Buffett said, when I look back at my career, I always made the most money overpaying for the best assets.”

The mine produced almost 394,000 metric tons of copper concentrate in 2023 and Chen said Zijin was considering a pathway toward 1 million tons of annual output — ambitious, given the continued logistics and power supply challenges at Kamoa-Kakula.

“Our biggest regret in terms of M&A is that we didn’t manage to buy all of Ivanhoe at that time,” Chen said. “Robert was not willing.”

The Zijinshan mine in Longyan. From 2006 until last year, Zijin spent at least $7 billion on acquisitions. Zijin’s copper surge is well timed. The prospect of surging demand, as the energy transition takes hold, has already pushed the red metal to a record earlier this year. Large-scale new mines like Kamoa are rare.

“They are unburdened by the self-imposed constraints that Western mining companies — which are very risk adverse — face,” Friedland said. “It's difficult to conceive of a future where Zijin doesn't continue to have world leading growth.”

LOL

Sounds like tommy’s working at bloomberg now. I think we better add a few non fiction journalists reports on Zijin to compare to that rubbish by bloomberg

Zijin’s poisoned legacy

A toxic spill last year blackened the name of Chinese metals giant Zijin Mining. But, in Fujian, its broken promises and environmental failures have a longer history, writes Yang Chuanmin, joint winner of the in-depth reporting category at the 2011 China Environmental Press Awards.

dialogue.earth

China Violates Human Rights in Peru - Diálogo Américas

Peru fights for its economic, social, and cultural rights as it faces the disproportionate growth of Chinese companies. Peruvian nongovernmental organizations (NGOs) expressed their concern about the growing economic influence and increasing participation of Chinese companies in Latin America...

dialogo-americas.com

China's Zijin Mining Polluting Serbian Village, Says Group

China's Zijin Mining is polluting a village in southeastern Europe's Serbia without consent or transparency, an environmental group claims.

www.asiafinancial.com

Serbia halts Zijin mine over environmental breaches

Government has ordered Zijin Mining Group to halt work at a shaft at the RTB Bor copper mine and to complete a wastewater treatment plant after it failed to comply with environmental standards.

www.mining.com

In less than a year, the company Zijin was convicted four times for the same commercial offence, each time fined below the legal minimum - RERI

In less than a year, the company Zijin was convicted four times for violating the Law on Mining and Geological Research, for which it was ordered to pay a

reri.org.rs

Leaders - Au cœur de la bataille pour le contrôle du lithium de Manono par la Chine en République Démocratique du Congo :

Que veut en réalité l’entreprise chinoise Zijin chez la congolaise Cominière SA et chez Dathcom Mining

leaders.lu

Zijin’s Negligence: How the Demolition of the Smelter Cost a Worker His Life - Center for Investigative Journalism of Serbia

At the Smelter, where rules and reality are miles apart, a Zijin worker lost his life. CINS reveals Zijin's negligence that preceded the accident.

www.cins.rs

Le Chinois ZIJIN MINING se moque de la politique minière de Félix Tshisekedi : COMMUS, une filiale de Zijin Mining, accusée de violations graves des droits humains à Kolwezi (Rapport) - L'info qui fait échos

Depuis quelques mois, le consortium « LA RDC ET SON PEUPLE D’ABORD », constitué des organisations non gouvernementales et médias membres de la coalition ‘’TOUS POUR LA <a class="mh-excerpt-more"...

econewsrdc.com

Stéphie Mukinzi était menacé de mort pour ses enquêtes sur les conditions de vie de la population au tour des mines des groupes Chinois, Ruashi Mining et ZIJIN - Kongo Presse

Par Kiki Kienge Stephie Mukinzi était le rédacteur en chef du média politico.cd et fondateur de Mines.cd, jeune étudiant de l’Université catholique du Congo (UCC) et l’Institut facultaire des sciences…

kongopress.com

Forced evictions at industrial cobalt and copper mines in the DRC

Expansion of mines has led to grievous human rights abuses.

www.amnesty.org

Mine in ‘world cobalt capital’ displaces locals and monks under questionable circumstances

This report was produced with the support of the Rainforest Investigations Network in partnership with the Pulitzer Center. LUBUMBASHI — In Kolwezi, the self-proclaimed cobalt capital of the world, 400 households and a monastery are preparing to leave. Recently in 2022, one area, known as the...

news.mongabay.com

Chinese State-owned Zijin Mining Under International Scrutiny

In a world where business activities are under constant global scrutiny, Zijin Mining, a Chinese state-owned company specializing in gold and lithium mining, stands out as a symbol of persistent concerns about its impact and operating practices in Latin America and beyond, Radio FM Bolivia reported.

dialogo-americas.com

New report exposes the environmental and human costs of DRC’s cobalt boom

New investigation by RAID and AFREWATCH into toxic environmental pollution from industrial cobalt mining in the Democratic Republic of Congo (DRC) reveals devastating human rights impacts.

raid-uk.org

Zijin’s Congo mine shipments returned due to radiation levels, ministry says

Congolese mines minister suspended the copper and cobalt operation's licence while it investigated the issue.

www.mining.com

@Winenut feel free to refer to any of the above reports

 

[Frank]

*I know a lot of you, probably most of us here despise that Dirty Shithole that's infested with Rats known as the Crapper

But every now and then you come across something that doesn't smell like a Urine soaked Shit Sandwich

Something other than a poor excuse for a Giant Festering Turd in a Bowl full of Faeces

Something that isn't Full of Shit or suffers from Verbal Diarrhea ( aka Toilet )

Something worth sharing imo

Stickshift's agenda revealed.

I think most people are already aware of him and the others, but there's always new accounts here who don't yet know what's what, so this is for them.

Same agenda as SHAME EASTWOOD (woops, prophetic typo there) a.k.a Dur Geist (plus about 15 accounts pretending not to be Der Geist.)

Same agenda as Toilet.

Same agenda as the Jessup Owl.

Watch closely and you'll see all of them trying their utmost (endless posts day after day for years) to manipulate shareholders to turn against AVZ Management.

They've been at this for over 2 years.

If you hold AVZ shares, it would be advantageous of you to think of them as a vile enemy, trying to steal your wealth, because they are.

They're working hand in hand, or at the very least, with similar goals as the Chinese, and the Bribed Congolese who are trying to destroy AVZ.

Their best chance is to turn Shareholders against AVZ Management to get them voted out, and instead install someone who's on the side of the Chinese or at the very least, who will get $$$ delivered from the Chinese.

Ask yourself who in their right mind would spend years on social media trying to turn individual shareholders against AVZ management?
Really think about that.

No normal person who's just commenting from the sidelines about AVZ would do this.

It's SO clear why they come here, every day, all day, to check up on posts, trying to find something to put a wedge into shareholders faith in management.

It's massively obvious, they're all on team CCP, team EVIL! Many of them are actually chinese nationals, invested in Zijin's efforts.

Whatever you may think about our management, there is NO other scenario where shareholders do better with other people holding the wheel.

Nigel is out best and greatest hope. Even if you believe mistakes were made (I do not).

It's Ok to have an emotional moment and curse them out, this has been painful AF.

But they're our best chance at our best exit price, whenever that may be.

VERY soon the enemy will present an alternative to AVZ's management, it wont be long until we hear about it, and the theatrics will begin once again, just like last year.

All of it... ALL of it, is the enemy, trying to destroy AVZ shareholders value.

They will try their best, but IMHO, they will fail.

Peace and love!

Azzler​

 

[Dazmac66]

Would like to run into that smug cunt shitlick down the pub one day and have a quiet chat. Awesome post Azz!

 

[Dave Evans]

*I know a lot, probably most of us here despise that Dirty Shithole that's infested with Rats known as the Crapper

But every now and then you come across something that doesn't smell like a Urine soaked Shit Sandwich

Something other than a poor excuse for a Giant Festering Turd in a Bowl full of Faeces

Something that isn't Full of Shit or suffers from Verbal Diarrhea ( aka Toilet )

Something worth sharing imo

View attachment 70430

Stickshift's agenda revealed.

I think most people are already aware of him and the others, but there's always new accounts here who don't yet know what's what, so this is for them.

Same agenda as SHAME EASTWOOD (woops, prophetic typo there) a.k.a Dur Geist (plus about 15 accounts pretending not to be Der Geist.)

Same agenda as Toilet.

Same agenda as the Jessup Owl.

Watch closely and you'll see all of them trying their utmost (endless posts day after day for years) to manipulate shareholders to turn against AVZ Management.

They've been at this for over 2 years.

If you hold AVZ shares, it would be advantageous of you to think of them as a vile enemy, trying to steal your wealth, because they are.

They're working hand in hand, or at the very least, with similar goals as the Chinese, and the Bribed Congolese who are trying to destroy AVZ.

Their best chance is to turn Shareholders against AVZ Management to get them voted out, and instead install someone who's on the side of the Chinese or at the very least, who will get $$$ delivered from the Chinese.

Ask yourself who in their right mind would spend years on social media trying to turn individual shareholders against AVZ management?
Really think about that.

No normal person who's just commenting from the sidelines about AVZ would do this.

It's SO clear why they come here, every day, all day, to check up on posts, trying to find something to put a wedge into shareholders faith in management.

It's massively obvious, they're all on team CCP, team EVIL! Many of them are actually chinese nationals, invested in Zijin's efforts.

Whatever you may think about our management, there is NO other scenario where shareholders do better with other people holding the wheel.

Nigel is out best and greatest hope. Even if you believe mistakes were made (I do not).

It's Ok to have an emotional moment and curse them out, this has been painful AF.

But they're our best chance at our best exit price, whenever that may be.

VERY soon the enemy will present an alternative to AVZ's management, it wont be long until we hear about it, and the theatrics will begin once again, just like last year.

All of it... ALL of it, is the enemy, trying to destroy AVZ shareholders value.

They will try their best, but IMHO, they will fail.

Peace and love!

Azzler​

View attachment 70429

Just to add to @Azzler post Frank, let’s not forget that those people working against our BOD, last year said….

“THE MOVE BY THE FAT TAIL HOLDINGS GROUP IS NOT A HOSTILE ACTION”

and

“THEY DID NOT SEEK TO REMOVE SHAREHOLDERS"

Then they sent out public and private statements, social media announcements, 9 emails, videos and mailed notices to shareholders over 20 days ahead of the 2023 AGM that said….

“THE ENTIRE AVZ BOARD MUST RESIGN”

“THE POSITION OF THE INCUMBENT BOARD IS UNTENABLE”

“THEIR TIME IS UP”

“THE BOD MUST RESIGN IMMEDIATELY”

Then they went on to say that AVZ’s litigation was “COUNTER PRODUCTIVE” and “HOSTILE” and how 3 large Chinese shareholders were voting against our BOD and “explicitly supporting the appointment of MMGA-nominated directors”.

In one video they “acknowledged AVZ’s 75% interest in Dathcom and Dathomir’s apparent reneging on the contract” and ended that video by saying “We are not interested in the fairness of it” and “You know, we have no vested interest in the dispute”

One member of the Fat Tail Holdings (MMGA) Group said he “Couldn’t understand why AVZ can’t get on with Dathomir or Cominiere.”

This in spite of Cominiere breaching AVZ’s First Right of Refusal (FROR) contract and the DRC Inspector General of Finance Report showing

“VIOLATIONS”

“ACTS THAT CANNOT BE JUSTIFIED”

“ILLEGAL TRANSFERS OF MINING TITLES”

AND

“THE ILLEGAL SEIZING OF DATHCOM'S PR13359” BY COMINIERE AGAINST AVZ MINERALS.

Recently 57 million shares were acquired by Resource Capital Investments through offers that were said to be a “TAKEOVER” and then a “BUYBACK” offer.

Resource Capital Investments claimed it was “OF THE OPINION THAT NO SIGNIFICANT VALUE CAN CURRENTLY BE PLACED ON AVZ SHARES”

We have a defined lithium pegmatite deposit of 840 million tonnes (equal to 13.5 million tonnes of Li2O) multiplied by today’s price which is at a low) of US$800/tonne = $US10.8 billion.

Thats AU$15,654,000,000.00
= $15 billion 654 million Australian dollars
= > $4 per share

Li2O has been over US$8000/tonne
= Over $150 billion Australian dollars
= > $40 per share

Not one shareholder I have spoken with believes the Chinese backed actors who have been trying to overthrow the AVZ Minerals BOD or the claims that the cases we have been winning in the International Chamber of Commerce (ICC) and International Court For The Settlement Of Investment Disputes (ICSID) are counter productive and hostile.

Whether we go the distance in Arbitration, or the DRC voluntarily negotiates a fair and reasonable settlement, not one shareholder I have talked to believes suggestions that AVZ’s $15 billion plus resource “IS OF NO SIGNIFICANT VALUE”

 

[Winenut]

FFS

 

[Rediah]

FFS

View attachment 70462

What is this? Bridge on stilts? bridge for ANTS! ?

 

[Flight996]

FFS

View attachment 70462

Zijin is ensuring that its progress and sunk costs in the stolen project and supporting infrastructure will be too high for the DRC government to contemplate extracting them when things eventually go tits-up.

Fucking gerbils.

 

[Goat]

Any news on the Locke funding?

 

[Frank]

x.com

x.com

x.com

x.com

x.com

x.com

 

[Frank]

x.com

x.com

x.com

x.com

 

[Carlos Danger]

Any news on the Locke funding?

Waiting on an 'appropriate security package for the facility' to be determined since last updated on July 30th. Would have thought that would have been worked out a long time ago but here we are. Perhaps the case of the missing $20m usd in escrow announced on July 31st has something to do with the delay. Perhaps not. Although never fear my fellow mushrooms it's almost voting time and that's when bean spilling season occurs to keep mutiny at bay for yet another year.

Speaking of endless delays the dipshits at Omni Bridgeway have yet again pushed back their deadline until December 31st. Almost like they're waiting to see what happens at the ICC exactly like I said they would because their purported claim has zero merit if we win. Tick tock.

 

[tonster66]

Zijin is ensuring that its progress and sunk costs in the stolen project and supporting infrastructure will be too high for the DRC government to contemplate extracting them when things eventually go tits-up.

Fucking gerbils.

They have been instructed by the ICSID and the ICC not to do any work on the tenements. They have been warned. Any loss is on them.

 

[Dazmac66]

Isn't this the grey area whereby Zijin believe they have ownership of the north and any fault will lie with snakehead from Cominiere? Anyone recall when we should be expecting the next movement with ICC and ICSID?