AVZ Discussion 2022
- Thread starter GazDix
- Start date
I think that you're going to need to factor in the ( probably ) rising lithium price over the next months. Hopefully, not years.
As a few have said, and I've banged on about, probably incessantly, do not talk the price down and do not let it be dictated by outside parties.
It is a sign of weakness, and this is now as much about psychology as anything else.
@wombat74
I would differentiate between FT / DRC elites' interests and those of the DRC.
He / they have proven over many years that they don't GAF.
Rebels in the East or any other issues are secondary to them staying out of gaol ( almost a given ), stayng in power and continuing to collect those parcels that one pays 25c for in Woolies.
The Chinese will also be up to their old tricks.
When one considers how few of their shitty actions over the last few years were predicted, it inevitably means that there are more twists and turns coming.
Consequently, FT's actions are totally unpredictable.
He will act out of self-interest. Whatever that is.
Mute22
Regular
This may be construed the wrong way...Thanks Carlos, I’ve actually got some information I wasn’t going to share with anyone but I owe you a token of gratitude so here’s what I found out
Celestin Kibeya was seen phoning the Ministry of Mines shortly after taking Zijin’s bribe and walking out of Zijin’s office with the $2 million
Until now the photographer kept the photo confidential but finally decided to release it this morning
View attachment 80007
Carlos Danger
Top 20
The partial award at the ICC was against Cominiere. The award is due to the ICC initially not us.
Therefore for this particular award the ICC can only recoup from Cominiere before paying to AVZ through the lawyers
It doesn't have to be money paid from profits in production with Zijin it can be any money paid to Cominiere by anyone that the ICC will be able to intercept
Yeah nah.From the Equities Club this morning
AVZ’s Manono gets even messier — KoBold makes its move
Last week, Donald Trump muscled into the AVZ Minerals' saga. This week, Bill Gates fancied a piece of the world's largest hard rock lithium deposit. The battle for Manono just went from wild to surreal.
The Gates-backed KoBold Metals has now thrown their hat into the ring, bidding for a majority stake in the monster Congolese lithium project. The US-based private company wants to buy in through Cominiere, the state-owned company with 30% of the asset.
The never ending saga of Manono. Source: Bloomberg
Why is this huge? KoBold is one of the most well-capitalised and technically sophisticated entrants in the critical minerals space. Their interest validates the scale and strategic importance of Manono.
Rarely has a mining asset become such a geopolitical prize. The US wants Manono out of Chinese hands, and Western governments are keenly aware of what's at stake - the world's largest hardrock lithium deposit in an increasingly lithium-hungry world.
With a resource of over 400Mt at 1.65% Li₂O, Manono remains one of the most coveted lithium assets on the planet. The fact that KoBold would enter this legal minefield speaks volumes about the deposit's significance.
“KoBold would welcome the opportunity to develop the asset.”
- KoBold Chief Legal Officer Sandy Alexander wrote to Congo President Felix Tshisekedi’s chief of staff in January 2025
The possibility of KoBold unlocking this asset with the technical and financial support of Silicon Valley's cleantech elite may accelerate development and revive stalled infrastructure planning.
The implications for AVZ shareholders are complex.
It's unlikely KoBold would buy out AVZ directly, as AVZ's equity interest in Manono has been under dispute since 2022. Instead, KoBold's deal appears aimed at acquiring control through Cominiere, effectively bypassing AVZ altogether.
Unfrotunately this raises the possibility that AVZ shareholders could be sidelined entirely,unless the company succeeds in international arbitration or reaches a negotiated settlement. Both of which are very possible outcomes.
If AVZ wins its case or forces a settlement, compensation could come from Cominiere, the DRC government, or potentially KoBold, depending on how many overlapping claims are resolved.
However, if KoBold moves forward and AVZ is unable to reassert its ownership stake, shareholders could be left holding equity in a company with no asset. The next 3–6 months are crucial, with arbitration outcomes and political negotiations likely to determine whether AVZ shareholders recover any value.
The Manono saga has now drawn in Chinese mining giants, the US government, a tech billionaire, and 21,000 stranded shareholders. The world's biggest lithium deposit has become a corporate and geopolitical battlefield.
The legal win last week was further validation in AVZ’s management to pursue Manono. Source: Reuters.com
Dave Evans
Regular
I don’t think anything makes any difference Mute. The corrupt arseholes over there are running the show and playing nice with them never made any difference, still point taken and post deleted
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Mute22
Regular
I get it.
We've taken the high road this far, let's see it through.
Trust me, I'll share my real thoughts on the larger picture when this is all done.
Spikerama
Regular
Alright folks head over to the assets folder. On the end of page 3, I have put the ICSID Final Countdown Counter.
I'm done with it for now. Works pretty well. It will look pretty ominous once it gets down to a few days. Hopefully we won't need it by then but I'm not holding breath that's for sure.
I'm done with it for now. Works pretty well. It will look pretty ominous once it gets down to a few days. Hopefully we won't need it by then but I'm not holding breath that's for sure.
cruiser51
Top 20
AVZ’s Manono gets even messier — KoBold makes its move
Last week, Donald Trump muscled into the AVZ Minerals' saga. This week, Bill Gates fancied a piece of the world's largest hard rock lithium deposit. The battle for Manono just went from wild to surreal.The Gates-backed KoBold Metals has now thrown their hat into the ring, seeking a stake in the monster Congolese lithium project. The US-based private company has proposed a deal that excludes Cominiere, instead requesting the Congolese government take a minority shareholding in the project. 1
The never ending saga of Manono. Source: Bloomberg
Why is this huge? KoBold is one of the most well-capitalised and technically sophisticated entrants in the critical minerals space. Their interest validates the scale and strategic importance of Manono.
Rarely has a mining asset become such a geopolitical prize. The US wants Manono out of Chinese hands, and Western governments are keenly aware of what's at stake - the world's largest hardrock lithium deposit in an increasingly lithium-hungry world.
AVZ Minerals: From $6 million to a $4.5 billion delisting. Inside the Congo lithium saga
Equities Club
·
7 May 2024
Read full story
With a resource of over 400Mt at 1.65% Li₂O,2 Manono remains one of the most coveted lithium assets on the planet. The fact that KoBold would enter this legal minefield speaks volumes about the deposit's significance.
“KoBold would welcome the opportunity to develop the asset.”
- KoBold Chief Legal Officer Sandy Alexander wrote to Congo President Felix Tshisekedi’s chief of staff in January 2025
The possibility of KoBold potentially unlocking this asset comes amid a complex legal backdrop. Recently, AVZ secured a partial arbitration victory, winning €39.1m in penalties against Cominiere,3 which adds another layer to the ongoing negotiations.
The implications for AVZ shareholders are complex.
Current developments indicate ongoing negotiations, with AVZ currently engaged in arbitration proceedings and preliminary discussions with potential US-based funding partners. The company's CEO, Nigel Ferguson, was notably copied on KoBold's official communication.
If AVZ wins its case or forces a settlement, compensation could come from Cominiere, the DRC government, or potentially KoBold, depending on how many overlapping claims are resolved.
While the legal proceedings continue, AVZ remains actively engaged in multiple arbitration processes to protect its interests in the Manono project.
The next 3–6 months are crucial, with arbitration outcomes and political negotiations likely to determine whether AVZ shareholders recover any value.
The Manono saga has now drawn in Chinese mining giants, the US government, a tech billionaire, and more than 21,000 shareholders hanging on every development. The world's biggest lithium deposit has become a corporate and geopolitical battlefield.
The legal win last week was further validation in AVZ’s management to pursue Manono. Source: Reuters.com
LEFOOL
Regular
Why Sell ?
Because DRC. Lets get the fuck out of there and forgot about this shit show. The days of 'getting divvies' are so dead mate let's be realistic =)
Mute22
Regular
Just came across this article from 2023, had Kobold Minerals already made an offer all the way back then?
November 6, 2023 at 6:46 PM UTC
That’s according to chief executive officer Kurt House, who said that the company has already bid for one asset, which didn’t result in a transaction. He declined to identify the asset.
“We think it is probably the best place in the world for the types of materials we’re looking for,” House said in an interview.
KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Congo is the world’s largest cobalt producer and one of the biggest sources of copper. Both materials are expected to see demand swell in the coming decade as they’re needed for clean-energy infrastructure and rechargeable batteries.
Read More: Why the Fight for ‘Critical Minerals’ Is Heating Up: QuickTake
San Francisco Bay Area-based KoBold’s entry into Congo would align with the priorities of US President Joe Biden’s administration, which is keen to grow American investments throughout the electric-vehicle supply chain, according to House.
The closely held company’s backers include Gates’s Breakthrough Energy Ventures, and it also counts BHP Ltd., the world’s biggest mining company by market value, among its shareholders. Michael Bloomberg, majority owner of Bloomberg News parent Bloomberg LP, is an investor in Breakthrough, according to the company’s website.
Reading between the lines, maybe they were hoping to pick us up for scraps, thinking our position was weak. Now that they see we’re on the front foot at ICSID and won’t entertain their low-ball offers, they’re starting to come closer to fair value
November 6, 2023 at 6:46 PM UTC
Bill Gates-Backed Mining Startup Wants to Expand Into Congo
KoBold Metals, a mining start-up backed by Bill Gates that’s developing a copper project in Zambia, is getting closer to investing in the neighboring Democratic Republic of Congo.That’s according to chief executive officer Kurt House, who said that the company has already bid for one asset, which didn’t result in a transaction. He declined to identify the asset.
“We think it is probably the best place in the world for the types of materials we’re looking for,” House said in an interview.
KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Congo is the world’s largest cobalt producer and one of the biggest sources of copper. Both materials are expected to see demand swell in the coming decade as they’re needed for clean-energy infrastructure and rechargeable batteries.
Read More: Why the Fight for ‘Critical Minerals’ Is Heating Up: QuickTake
San Francisco Bay Area-based KoBold’s entry into Congo would align with the priorities of US President Joe Biden’s administration, which is keen to grow American investments throughout the electric-vehicle supply chain, according to House.
The closely held company’s backers include Gates’s Breakthrough Energy Ventures, and it also counts BHP Ltd., the world’s biggest mining company by market value, among its shareholders. Michael Bloomberg, majority owner of Bloomberg News parent Bloomberg LP, is an investor in Breakthrough, according to the company’s website.
Reading between the lines, maybe they were hoping to pick us up for scraps, thinking our position was weak. Now that they see we’re on the front foot at ICSID and won’t entertain their low-ball offers, they’re starting to come closer to fair value
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AVZ will consider what steps it will take in relation to recovery of the penalty
"AVZ will consider what steps it will take in relation to recovery of the penalty"
Announcement suggests the responsibility falls on AvZ for recovery?, unless they've said they will bundle it in with negotiations.
"AVZ will consider what steps it will take in relation to recovery of the penalty"
Announcement suggests the responsibility falls on AvZ for recovery?, unless they've said they will bundle it in with negotiations.
Spikerama
Regular
While I'm on it, it might be a good for people to go back through that whole Assets Thread and re-air some of that dirty laundry now that we have more media attention. Having just gone back through it, there's quite a few showstoppers in there that highlight the key bad actors in engaging ways.
I will reupload a clean film of the Celestin Bribe video I did too and pop it at the end if anyone want's to download. It will be on WeTransfer which doesn't last very long these days so be quick if you want it.
thestockexchange.com.au
I will reupload a clean film of the Celestin Bribe video I did too and pop it at the end if anyone want's to download. It will be on WeTransfer which doesn't last very long these days so be quick if you want it.
AVZ Assets for Social Media Campaign
Hi everyone. As requested here is a thread that will contain all the links to the assets I have been creating. Feel free to use them throughout social media whenever and whereever you see an opportunity. If I can make one suggestion it is if you are going to screen shot them and post the image...
thestockexchange.com.au
Carlos Danger
Top 20
Recovery through the ICC relies on Cominiere receiving payments to their accounts which can be avoided at least for a while
So rather than responsibility for recovery falling on AVZ management are saying they will consider using alternative recovery methods if needed
So in order of preference it is Cominiere (Or Zijin) pay the fine, the ICC uses enforcement if payments are available to be intercepted or we pursue recovery of the award through other avenues
Good to see you again Charbella and couldnt agree more with your post.
AVZ management are saying they will consider using alternative recovery methods if needed...
Dave Evans
Regular
Charbella, a couple of extra points to note when it comes to the northern part of our tenement
Firstly, the updated Mineral Resource for CDL
Secondly what AVZ has said about the northern part of the tenement. Zijin’s claim is “without any legal foundation”
Thirdly, what Jin Cheng (Zijin) valued 15% of our resource at, before our updated Mineral Resource increased to 842Mt
These are all things to consider and remind KoBold and the US of when they prance in saying Zijin gets the north
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