AVZ Discussion 2022
- Thread starter GazDix
- Start date
Azzler
Top 20
That is a sus AF link if I ever saw one.
Hemicuda
Regular
Blimey 4kg is good grassies,,, yup on the sharks out there their everywhere at the moment
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Flexi
Regular
Remove the 2 from the link at the beginning. Interesting predictions.
On your prediction of DRC retain 25% on an indirect basis , still leaves uncertainty surrounding the 15% ROFR being illegally sold to Zijin.
So still possible the need for Abitration ruling on the ROFR to quash the illegal sale or DRC / have made a deal with AVZ on Carrier?
Carlos Danger
Top 20
The question of the FROR will be answered in the case we brought against Cominiere at the ICC for their repeated flagrant violations of the Dathcom joint venture agreement specifically ICC No. 27720/SP
However even if we win Cominiere have zero obligation to sell
Felix has wanted processing done in country and a bigger cut of profits all along and I reckon he has got his way on that
I've made my thoughts on the legal status of CDL very clear in the past
Dathcom will be remunerated with cash plus a free carried 10% of Manono Lithium with zoning reverting to the waiver split line and we all play nice on the power plant imo
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Thank you Carlos .
Also thank you to all that stayed positive and supported shareholders on this forum in very difficult time situation for AVZ
Geo thanks
Beginning to jump for joy..
Aka PASBOZ on hotcrapper.
Carlos Danger
Top 20
Can you feel the tension? I can. I can feel it down in my plums. They're getting a nice bluish hue.
‘There is a reasonable prospect that a party, including the Company, will be granted a PE in respect of the Carriere de l’Este Mineral Resource’
‘Roche Dure has the good powder’
‘The north is haunted by mica’
’95% of the value is in the south’
been a away a bit over a day and what 5 or 6 pages of posts to catch up on, something must be happening which is awfully nice to be in this situation in a very long time.
@SilentOne its not defeatist to reach a negotiated outcome, I firmly believe zijin will remain with the north, they'll pay for it, maybe $200m, $300m, whatever but in the end only way to move forward in my view is to let go of that and move on. all speculation on here so time will tell
@SilentOne its not defeatist to reach a negotiated outcome, I firmly believe zijin will remain with the north, they'll pay for it, maybe $200m, $300m, whatever but in the end only way to move forward in my view is to let go of that and move on. all speculation on here so time will tell
Point Piper Dealer
Member
I posted this on hotcrapper, let me know your thoughts:
"Good post Xerof, however if a deal is struck with the DRC govt in obtaining a ML and therefore all court cases are dropped at part of the deal, I would suspect that the Dathomir percentage would go to CATH given they will ultimately be the ones whom will negotiate with Simon Cong.
Sure if we continued down the ICC / ISCID route then yes AVZ would claim the % from Dathomir due to a legal win awarding us the rights, however I don't believe this will be case moving forward. My feel is all negotiations will be done by CATH! AVZ will take a backseat in all dealings!
As we all know AVZ doesn't have a great name in the DRC (not our fault) and therefore my feel is for us to secure ML, drop cases, provide what is seen as a win-win for the DRC govt we will become a minority holder. The transaction/payout/transfer on Dathomir will tip us into the minority holder status. I do believe however we will have higher voting rights, as this would have been written up legally. The reason I say this is because CATH will not be able to override/spill the board with votes as part of the relationship deed. We need to read between the lines here."
"Good post Xerof, however if a deal is struck with the DRC govt in obtaining a ML and therefore all court cases are dropped at part of the deal, I would suspect that the Dathomir percentage would go to CATH given they will ultimately be the ones whom will negotiate with Simon Cong.
Sure if we continued down the ICC / ISCID route then yes AVZ would claim the % from Dathomir due to a legal win awarding us the rights, however I don't believe this will be case moving forward. My feel is all negotiations will be done by CATH! AVZ will take a backseat in all dealings!
As we all know AVZ doesn't have a great name in the DRC (not our fault) and therefore my feel is for us to secure ML, drop cases, provide what is seen as a win-win for the DRC govt we will become a minority holder. The transaction/payout/transfer on Dathomir will tip us into the minority holder status. I do believe however we will have higher voting rights, as this would have been written up legally. The reason I say this is because CATH will not be able to override/spill the board with votes as part of the relationship deed. We need to read between the lines here."
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Winenut
GO AVZ!!!!
Does anyone have a correct diagramatic representation of the corporate structure for Dathcom and the AVZ related entities involved and % holdings "prior" to the new arrangement just annnounced involving Mr Pei and Green Lithium Holdings?
The representation (or even just straight cold hard data) would ideally include Dathcom, AVZI, AVZ Minerals and Green Lithium Holdings at a very minimum and indicating parent and subsidiary entities and relevant holding percentages
I've been searching everywhere but I'll be fucked if I can find a definitive one and I would like it as a starting point for my own calculations and analysis of the new Mr Pei/CATH arrangements
I've really appreciated the input from others on the thread but there seems to be a number of different variations and views as to what we are starting with and what we can expect if the arrangement is implimented
All help greatly appreciated
Cheers!
The representation (or even just straight cold hard data) would ideally include Dathcom, AVZI, AVZ Minerals and Green Lithium Holdings at a very minimum and indicating parent and subsidiary entities and relevant holding percentages
I've been searching everywhere but I'll be fucked if I can find a definitive one and I would like it as a starting point for my own calculations and analysis of the new Mr Pei/CATH arrangements
I've really appreciated the input from others on the thread but there seems to be a number of different variations and views as to what we are starting with and what we can expect if the arrangement is implimented
All help greatly appreciated
Cheers!
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Carlos Danger
Top 20
You misunderstand the nature of our disagreement with Dathomir
Part of the negotiations if occurring will be the requirement that Cong admits the SPA's were completed correctly
This is crucial for Graeme Johnston avoiding jail
The TIA terms clearly show that the deal is based on AVZ holding 75% of Manono
Shouldn't be too much longer now for the ICC to confirm the SPA's were completed upon payment so tick tock if Cong wants to avoid damages imo
Re: Mt feel is all negotiations will be done by CATH! AVZ will take a backseat in all dealings!
I can't see the majority holder (AVZ/GLH) allowing the Chinese minority holder (CATH) to negotiate on it's behalf. From a business strategy point of view, that's corporate suicide.
AVZ hasn't fought tooth and nail for the past two years against a relentless campaign of graft and corruption to simply relinquish its negotiating position and its future to the Chinese.
I can't see the majority holder (AVZ/GLH) allowing the Chinese minority holder (CATH) to negotiate on it's behalf. From a business strategy point of view, that's corporate suicide.
AVZ hasn't fought tooth and nail for the past two years against a relentless campaign of graft and corruption to simply relinquish its negotiating position and its future to the Chinese.
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Carlos Danger
Top 20
The DRC government are refusing to talk to the bod
Having Pei as a middle man makes a lot of sense
It will be collaborative between AVZ / CATH but ultimately Pei will be pulling most of the functional strings
It would need to be something serious for Nigel to intervene and I reckon the legal option will be a break glass in case of emergency type thing as we wouldn't want to be the ones stalling the project again unless absolutely necessary
I doubt there would be too much disagreement between Nigel and Pei on how to do things anyway but Pei will be able to throw his weight around more easily than most minority positions due to the financial backing, processing expertise and negotiation ability he brings to the table imo
Here is a recent tender from Manono Lithium. They use Rawbank too.
www.radiookapi.net
Société MANONO LITHIUM SAS : Avis de l'Invitation à des négociations commerciales sur le transport de matériaux pour Manono Lithium SAS
马诺诺锂业物资运输商务谈判邀请公告 Avis de l'Invitation à des négociations commerciales sur le transport de matériaux pour Manono Lithium SAS 公告编号Numéro d'annonce：MLSAS20250101 刚果民主共和国马诺诺锂业简易股份有限公司，法文全称： MANONO LITHIUM SAS，在刚果民主共和国(以下简称“刚果(金)”)注册，（国家注册号：05-B0500-N27040M，商业登记号：CD/LSH/RCCM/23-B-01276 ，税号...
www.radiookapi.net
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Point Piper Dealer
Member
Agree Carlos!
On another point given CATH already own 7.1% of all current AVZ shares are these part of GLH or AVZ direct. If AVZ direct, then their holdings is naturally higher overall.
Yes, I understand what you are saying.
At the same time the Chinese cannot be trusted or taken at their word. Regardless of whether it's CATL, Pei or Zijin, they all play to Beijing's song book. I can't see AVZ's legal team, DLA Piper agreeing that AVZ relinquish its negotiation position to the Chinese.
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