AVZ Discussion 2022

pow4ade

Regular
Clearly the fishing is shit there cos the cunt spends all day every day on his computer posting on a stock he doesn’t own …. Hello superHooter….🤣🤣🤣
Maybe check out the annual UFO festival, looks like a hoot:

 
  • Haha
Reactions: 5 users
Has the tide turned enough that AVZ are no longer legally bound to the CATH Strategic Partnership and now can negotiate with Western or Middle East?
Considering that CATH voted against us .
Cheers
We only needed them if we were going to mine in the ‘before’ days. They can also fuck right off.
 
  • Like
  • Fire
Reactions: 19 users

Bin59

Regular
1733008570484.jpeg


A press briefing was held last week prior to Biden’s visit to Angola from 2-4 December, it states there will be a number of announcements made during his visit, including some around infrastructure for the Lobito Corridor.


Also a huge thanks to everyone who shared their thoughts and notes from the AGM 👍
 
  • Like
Reactions: 23 users
20%? Isn't it a $20mil break free ?
Only if the agreement is current at the time at which we make said break.

if it expires and is not extended, no break fee is applicable.

That’s my read on it, at least.
 
  • Like
  • Thinking
Reactions: 7 users

wombat74

Top 20
  • Like
Reactions: 11 users
Been outside of reception over the weekend, so catching up on everyone's input now. Just throwing in my thanks to the feedback posted from those that attended the AGM and relayed it here. There's a much more positive tone on the back of securing the funding from Locke, and hopefully renewed energy on the board to really start driving this home via legal proceedings. I want my fucking money, but I'm not willing to accept some piss-ant offer either. I want to see a justified ROI from all the bullshit we've been put through from Chyna, corrupt cunts in the DRC, and the domestic fucknuts that have been actively working to undermine the company. Still a long road ahead, but I feel better about it all than I did a few days ago.
 
  • Like
  • Fire
Reactions: 21 users

Frank

Top 20
BREAKING NEWS (1).jpg

AVZ Minerals Secures $15 Million Litigation Funding for DRC Disputes

AVZ Minerals Limited, a lithium mining company, has secured $15 million in litigation funding from Locke Capital II to support its legal efforts related to disputes over its mining projects, including the Manono project in the Democratic Republic of Congo (DRC).

AVZ CEO Nigel Ferguson expressed satisfaction with the agreement, stating on November 28: “Locke, a global litigation funder with a strong track record, has approved funding for AVZ, validating our strong position in these disputes and paving the way for a successful resolution.”

The company plans to draw an initial tranche of funds in December 2024, emphasizing its commitment to defending its legal rights for the benefit of shareholders and stakeholders, while advancing the Manono project.

The funding will exclusively cover legal fees for multiple arbitration proceedings, including:
  • Three ICC cases involving Congolaise d’Exploitation Minière and Jin Cheng Mining Company.
  • Two ICC cases involving Dathomir Mining Resources SARLU.
  • ICSID arbitration against the DRC.
  • It will also support other related disputes involving AVZ Minerals and its affiliates.
This funding arrangement allows AVZ to pursue critical legal battles without diverting resources from operational activities, underscoring the challenges of safeguarding interests in the lithium sector—key to the global energy transition.

#ItsOn.jpg
 
Last edited:
  • Like
  • Love
  • Fire
Reactions: 35 users

hedrox

Regular
  • Like
  • Thinking
Reactions: 5 users

Vanfeder

Emerged
Thanks to everyone who reported from the AGM. I am well aware about general sentiment, that many of us want this saga has eventully a (happy) ending. My point of concern is the timing with lithium prices at the very low. Just had to observe the take over of Arcadium Lithium. I bought into Livent few years ago (basicall during the boom), then it merged with Allkem building Arcadium and now the company goes to Rio Tinto. With premium of rd. 90% on top of current share price i am still 30% in red. And Rio Tinto states on their website straight away, that they consider current market with low prices and low valuations being a favourable moment for acquisitions.
 
View attachment 73630
It’s hard keeping track of who’s doing what, and to whom.

Can someone please do me favour and compile a list of all the people in the DRC who are not crooks.
 
  • Haha
  • Like
Reactions: 8 users

Winenut

Go AVZ!
View attachment 73630

Christian has nothing to fear if he has nothing to do with it.

Pretty fucking simple really
 
  • Like
  • Haha
  • Fire
Reactions: 12 users

Remark

Top 20
It’s hard keeping track of who’s doing what, and to whom.

Can someone please do me favour and compile a list of all the people in the DRC who are not crooks.

That's gonna to be a really short list
 
  • Like
  • Haha
  • Fire
Reactions: 13 users

Frank

Top 20
  • Like
  • Fire
Reactions: 21 users

Rediah

Regular
IMG_1751.jpg


 
  • Like
  • Fire
  • Love
Reactions: 50 users

Thaz

Regular
Is that also a jab at Tom R for being petty? :sneaky:
 
  • Haha
Reactions: 10 users

Flight996

Regular
Reuters today 02 Dec 2024


Motherhood statements, and no mention of the importance of Manono or its pivotal position as the world's largest source of high grade lithium.

Despite views to the contrary, I believe that the Lobito Corridor rail once completed will be open to Chinese companies, including Zijin Mining shipping stolen LiO2 to port.

The Lobito Atlantic Railway consortium has previously stated it will not allow a monopoly situation to develop, which means that Chinese miners, including Zijin Mining could potentially use this route to export LiO2 mined at Carriere de l'Este (CDL) through Angola's Port of Lobito and on to China.

In any case, Chinese miners have multiple alternative options available in order to shift raw materials from mines site to ports on either side of the continent. These alternative transport options are part of China's Belt and Road initiative, which commenced a decade ago.

Cheers
F
 
Last edited:
  • Like
  • Thinking
Reactions: 10 users

BRICK

Top 20
Actually never been.
Maybe we could all go for a few days when this shit is over.
😜
Its just a mud hole anyway.

Good place for crabs
 
  • Haha
Reactions: 2 users

whales

Regular
Reuters today 02 Dec 2024


Motherhood statements, and no mention of the importance of Manono or its pivotal position as the world's largest source of high grade lithium.

Despite views to the contrary, I believe that the Lobito Corridor rail once completed will be open to Chinese companies, including Zijin Mining shipping stolen LiO2 to port.

The Lobito Atlantic Railway consortium has previously stated it will not allow a monopoly situation to develop, which means that Chinese miners, including Zijin Mining could potentially use this route to export LiO2 mined at Carriere de l'Este (CDL) through Angola's Port of Lobito and on to China.

In any case, Chinese miners have multiple alternative options available in order to shift raw materials from mines site to ports on either side of the continent. These alternative transport options are part of China's Belt and Road initiative, which commenced a decade ago.

Cheers
F
No China does not control the port of lobito nor the major Tanzania Port of Der Salam .
Italian and Indian companies.
Doubt that South Africa will adhere to China control.
How much control will the USA let China have ???
With EU sanctions on Chinese EV already increasing maybe the world economies are serious on not letting China have a monopoly in critical minerals.
As for Felix getting a higher IQ for the benefit of his people we live in hope?
 
  • Like
  • Fire
Reactions: 18 users

Flight996

Regular
No China does not control the port of lobito nor the major Tanzania Port of Der Salam .
Italian and Indian companies.
Doubt that South Africa will adhere to China control.
How much control will the USA let China have ???
With EU sanctions on Chinese EV already increasing maybe the world economies are serious on not letting China have a monopoly in critical minerals.
As for Felix getting a higher IQ for the benefit of his people we live in hope?

I didn't say China controls the port of Lobito (and certainly didn't mean to give that impression).

I said China has other transport options via its B&R initiative. I also doubt the USA alone will have control of the rail link. It's just one partner in a consortium, which is late to the party.

Cheers
F
 
Last edited:
  • Like
  • Thinking
Reactions: 9 users
Top Bottom