AVZ Discussion 2022

cruiser51

Top 20
"the success of this project could serve as a model for other similar initiatives in Africa."

The model being to:
let western companies do all the work and then sell the project out from under them to the Chinese?
Or
Let the western companies do all the work and then force them to go through years of international arbitration to justify getting to retain their rights?

Neither of these seem like particularly good models for developing Africa.....



Another thought -

Many here have speculated that if Zijin wants the rescouce so bad they should just make an offer and buy it out from AVZ.

Is there anything that would stop them from doing that AFTER the award of damages? What i wonder is, are they happily going through the process with the intent of either 1. AVZ folds, or 2. The total damages award is used to put a ceiling price in what they would pay for AVZ.

Ie:
all cases go in our favour, we get awarded $X billion in damages, and THEN zijin comes along and says "ok you can continue fighting to get at MOST this $XB and it will take you years of more drama to get it all, - OR - we will buy your whole company now for 50% of $XB?
What is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?
 
  • Like
  • Thinking
  • Fire
Reactions: 6 users

JNRB

Regular
What is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?
US telling CATL to go fk themselves.
Not sure what impact that will have on the rest of the world. CATL/China will still have plenty of fun though decimating Europe's vehicle production capacity.
 
  • Like
Reactions: 5 users

tolate

Emerged
What is Zijin going to do with all that lithium, if CATL is being told to go and fuck themself?
More to the facts, What will AVZ do....... no CATL no Mining License...imo
 

cruiser51

Top 20
US telling CATL to go fk themselves.
Not sure what impact that will have on the rest of the world. CATL/China will still have plenty of fun though decimating Europe's vehicle production capacity.
Don't forget EU is closer to US than it is to China, on top of that they have a car industry not only in Germany, but entire Europe to defend and would be happy to give China the middle finger.
If we take in consideration the following:

The automotive industry is crucial for Europe's prosperity. The automotive sector provides direct and indirect jobs to 13.8 million Europeans, representing 6.1% of total EU employment. 2.6 million people work in direct manufacturing of motor vehicles, representing 8.5 % of EU employment in manufacturing.

Do you think that Europe as a trading block will say to China 'Come on and flood our market with your cars and destroy our car industry with your stolen lithium'?

I somehow don't think that Europe will accept this laying down and say ok, fuck us over.
 
  • Like
  • Fire
Reactions: 7 users

Winenut

Go AVZ!
US telling CATL to go fk themselves.
Not sure what impact that will have on the rest of the world. CATL/China will still have plenty of fun though decimating Europe's vehicle production capacity.
Elon takes Lithium batteries from CATL for Tesla (I think)

The ban I think is related to Lithium that CATL sells in relation to military applications (I think)

Actually I don't know but thought I read something

Elon is the defacto Pres of the US and the global fucking spokesperson for everything Domestic, International or in anyway related

Trump won't let Elon go without batteries if Tesla needs them......where-ever they come from

I'm sure CATL is happy to sell excess Lithium or batteries to fucking Putin if need be

What a fucked up world....
 
  • Like
  • Fire
Reactions: 8 users

cruiser51

Top 20
Elon takes Lithium batteries from CATL for Tesla (I think)

The ban I think is related to Lithium that CATL sells in relation to military applications (I think)

Actually I don't know but thought I read something

Elon is the defacto Pres of the US and the global fucking spokesperson for everything Domestic, International or in anyway related

Trump won't let Elon go without batteries if Tesla needs them......where-ever they come from

I'm sure CATL is happy to sell excess Lithium or batteries to fucking Putin if need be

What a fucked up world....
If you want to buy something you need money.

How much money does Russia have at this very moment, do you think CATL will be happy with rubles, or will Russia pay with natural gas?
Way to go, sell lithium batteries for natural gas. :eek:;)

Don't forget China can make the best vodka, they don't need Russia for that.
 
  • Like
Reactions: 3 users

BEISHA

Top 20
I can't see any further steps being undertaken in the ICSID process until the payments are made. I thought they were meant to have been done by now, but the ICSID site still suggests otherwise. Pile the pressure on and pay it Nigel! As long as we have access to the required funds it should've been paid, according to his statements made at the AGM. Perhaps it's already happened and the site just hasn't been updated, however it's previously seemed to be updated basically immediately upon developments.
Relax Roon, i can confirm that all arbitration fees have been paid.

I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.

wink-flirty.gif
 
Last edited:
  • Like
  • Love
  • Fire
Reactions: 42 users

Bray

Regular
Relax Roon, i can confirm that all arbitration fees have been paid.

I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.

View attachment 75481
Thanks Beish 🍻
 
  • Like
Reactions: 3 users

Remark

Top 20
  • Haha
  • Like
  • Thinking
Reactions: 24 users

BEISHA

Top 20

Common themes......

Africa being used and abused by china, governments weak as fuck, the locals being the biggest loser.

Fuck i hate the CCP!
 
  • Like
  • Fire
  • Love
Reactions: 16 users

Winenut

Go AVZ!
Relax Roon, i can confirm that all arbitration fees have been paid.

I can also confirm that a announcement is forth coming ......' imminently ", which is not necessarily related to the above.

View attachment 75481
Ours and theirs big fella???

Just wondering if it's one... or both....
 
Last edited:
  • Thinking
Reactions: 2 users

Winenut

Go AVZ!
If you want to buy something you need money.

How much money does Russia have at this very moment, do you think CATL will be happy with rubles, or will Russia pay with natural gas?
Way to go, sell lithium batteries for natural gas. :eek:;)

Don't forget China can make the best vodka, they don't need Russia for that.
Xi and Putin are fucking communist autocrats (oh actually dictators more correctly) with a larger world agenda

They'll find a way if it suits their broader ambitions....IMO

Love the merry-go-round :rolleyes:
 
Last edited:
  • Like
Reactions: 3 users

Pokok

Regular
Yo
Elon takes Lithium batteries from CATL for Tesla (I think)

The ban I think is related to Lithium that CATL sells in relation to military applications (I think)

Actually I don't know but thought I read something

Elon is the defacto Pres of the US and the global fucking spokesperson for everything Domestic, International or in anyway related

Trump won't let Elon go without batteries if Tesla needs them......where-ever they come from

I'm sure CATL is happy to sell excess Lithium or batteries to fucking Putin if need be

What a fucked up world....
u just fucked with my head
 
  • Like
  • Haha
Reactions: 5 users

Winenut

Go AVZ!
Yo

u just fucked with my head
Sorry bud...

What's your favourite tipple again???

Have 4 or 5....doubles:rolleyes:o_O:cool:

I clearly have :ROFLMAO::ROFLMAO::ROFLMAO::oops:
 
  • Haha
  • Like
Reactions: 4 users

CashKing

Regular
IMG_4113.png
IMG_4114.png
IMG_4115.png
IMG_4116.png
 
  • Like
  • Love
  • Fire
Reactions: 42 users

taofufa

Member
  • Thinking
  • Fire
Reactions: 6 users

Hudnut

Regular
How I'm reading this at first glance:

Regarding ownership dispute.

- CATL think we might win this, or are at least hedging their bets
- We retain the ability to finance mining, which is a pre-requisite for the mining license (very important)
- $259.25M / AVZ Shares on issue * 30.5% = 24c per share?
- We can use funding for operational costs
- We haven't paid arbitration fees yet
- We have funding until End of 2027
- CATL can't onsell their stake to scumbags

Other bits and pieces:
- We need to provide collateral to get the remaining $10M
- Their is no escrow or break fee any more
- Capitalisation of interest

Interesting to know what the Chinese are thinking with one Chinese company financing legal fees against another's interests.
Unless they are leaving options open to switch horses during the race and leave the DRC high and dry.
 
  • Like
  • Thinking
Reactions: 9 users

Aeolian

Member
How I'm reading this at first glance:

Regarding ownership dispute.

- CATL think we might win this, or are at least hedging their bets
- We retain the ability to finance mining, which is a pre-requisite for the mining license (very important)
- $259.25M / AVZ Shares on issue * 30.5% = 24c per share?
- We can use funding for operational costs
- We haven't paid arbitration fees yet
- We have funding until End of 2027
- CATL can't onsell their stake to scumbags

Other bits and pieces:
- We need to provide collateral to get the remaining $10M
- Their is no escrow or break fee any more
- Capitalisation of interest

Interesting to know what the Chinese are thinking with one Chinese company financing legal fees against another's interests.
Unless they are leaving options open to switch horses during the race and leave the DRC high and dry.
$260m/4b shares is 6.5cps
 
Top Bottom