Dave Evans
Regular
@Winenut (s) I joined twitter to post information that could reach a wider audience and now I’m reading Jens post scenarios saying we don’t have the ML and there’s in country risk
I already posted a comment on the ML and as far as the in country risk KoBold would supposedly face….
According to the reports, part of any agreement between the DRC and the US includes US military support and permission for the US to have military bases in the DRC which significantly reduces in country risk. Add to that Trump has signed an Executive Order to use US Defence funds for accessing critical minerals. Doesn’t sound like KoBold is taking on too much risk to me
Jack Ma (KoBold) worth US$28 billion
Bill Gates (KoBold) worth US$107 billion
Jeff Bezos (KoBold) worth US$211 billion
Elon Musk (Tesla) worth US$327 billion
Add to the above that KoBold has a joint venture partnership with BHP to look for battery minerals
BHP worth $200 billion
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BHP teams up with KoBold Metals to explore battery minerals
BHP has partnered with KoBold Metals, a mineral exploration company, to explore battery minerals in Australia and other countries.www.mining-technology.com
If I was MD, I would say to the DRC, US and KoBold…. @Winenut (s) wants $12 and so do we, otherwise you can let Zijin and Vominiere deal with the M23 militia and the US and KoBold can look for low grade lithium somewhere else because the ICC and ICSID (World Bank) support our right to ownership
In the end I’m sure Nigel will get what he feels is the best deal for shareholders, especially when he knows it’s shareholders money he’s sitting at the table with
The truth is I’m spending too much time on the forums again thinking about AVZ, it’s now 2:46am here in Newy and I should be asleep
I thought I would add a little extra information on KoBold and what I reckon any fair offer would be
Last year August Cohen alluded to the fact that US investors (specifically KoBold) had offered to pay off all parties involved in the dispute of our project and form a JV with the DRC
Also last year, I heard that the US backers who had showed interest in negotiating with us, pulled out of the negotiations because they thought we wouldn’t get the Locke litigation funding
Is the penny dropping yet?
It looks to me like the KoBold offer was made to Tshisekedi (suggesting they were bypassing us) so I wouldn’t be surprised if KoBold were hoping we wouldn’t get the litigation funding and they could just slip on in and squeeze a deal out on the cheap
Those billionaires (and the companies that I mentioned above who are involved with KoBold) have a combined net worth of US$873 billion
So here’s KoBold now waltzing in with their mates at Bloomberg and other media outlets suggesting they are doing us a favour, while trying to do a deal with Tshisekedi that probably involves a vaguely transparent and vaguely opaque version of the brown paper bag
The hide of them is that some of their media reports are alluding to the fact that they will act honestly while we are in a dispute that questions our honesty, legality and integrity
What do I think we are worth….
Thats US$9.8 billion and then you can add on reputational damage and future loss of earnings
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