Spikerama
Regular
What the fuck is this plonker talking about? Shares in the Chinese backed company closed up 0.3c? Eh? WFT?
AVZ Discussion 2022
- Thread starter GazDix
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What the fuck is this plonker talking about? Shares in the Chinese backed company closed up 0.3c? Eh? WFT?
Mute22
Regular
Page not found
BRICK
Top 20
Must be an old article maybe
Frank
Top 20
It's an old story from the old days ya Plonker
Thought that was pretty obvious
I just threw it in to remind people of where we were / came from and where we're heading now
In the right direction, back on Track after a few hiccups along the way, still with a Big Future if all goes our way
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Spikerama
Regular
It's an old story from the old days ya Plonker
Thought that was pretty obvious
I just threw it in to remind people of where we were / came from and where we're heading now
View attachment 80110
In the right direction after a few hiccups along the way, still with a Big Future if all goes our way
View attachment 80112
Oh! Haha! *face palm*
My bad. Must be my eyes from spending too much time on that Final Countdown.
Frank
Top 20
*Fyi, Another No1 on No2's Forum i see
After all the Hurdles, We might finally have the Finish line in sight
AI....*Fyi, Another No1 on No2's Forum i see
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Lithium in DRC: KoBold Metals wants to win against Chinese giants
As demand for lithium explodes with the energy transition, the Democratic Republic of Congo (DRC) finds itself at the heart of a battle of influence.
Supported by heavy vehicles such as Bill Gates and Jeff Bezos, KoBold Metals seeks to establish itself in one of the largest hard rock lithium deposits in the world.
An initiative that comes in a context of economic and strategic tensions between the US and China, the main player in the electric battery market.
A strategic challenge for the DRC and the United States
According to Bloomberg, KoBold Metals has been engaged in discussions with the Congolese government to obtain a key mining permit and restart the exploitation of lithium at Manono, a site with reserves estimated at several million tons.
“This deposit has the potential to become a large-scale, long-lived lithium mine,” says Sandy Alexander, KoBold’s legal director.
With its artificial intelligence technologies, the company aims to optimise exploration and mining, an approach that contrasts with traditional methods.
But beyond the technical issues, this project illustrates Washington’s commitment to securing a strategic supply of lithium, a vital metal for the electric and renewable energy industries.
A mining dispute that blocks investment
KoBold’s initiative comes in a climate of conflict of interest.
The coveted permit is the focus of a dispute between the Australian AVZ minerals Ltd., the Chinese company, and Kinshasa.
This legal battle, which has been going on for several years, has slowed down investment and slowed down the development of the site.
With its offer, KoBold offers a way out for this tug-of-war arm that divides the DRC and its mining partners.
But the whole question remains: is the Congolese government prepared to free itself from China’s monopoly on its strategic resources?
The DRC, a key player in the lithium market
In the face of the rise in the energy transition, the DRC, which is already the world leader in cobalt, could play a central role in the supply of lithium.
But to do so, it will have to navigate between the ambitions of the multinationals, diplomatic pressure and local demands for economic and environmental benefits.
The game is far from won.
If KoBold manage to establish itself at Manono, it would mark a turning point in the global lithium market equilibrium.
But Chinese actors, who have invested heavily in Africa in recent years, do not plan to give up their places without resistance.
Towards a new tug-of-war between Beijing and Washington?
KoBold’s interest in Congolese lithium is part of a broader dynamic in which the US is trying to reduce its dependence on Chinese raw materials.
For their part, Chinese companies continue to strengthen their presence on the mainland, despite a recent drop in lithium prices.
In this geopolitical chess game, the DRC may well be doing well... if it negotiates intelligently.
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Asking Grok is AI.......
Dumb fuks.
AVZ went out to explore, drill the deposit out and obtain a JORC compliant ore reserve estimate.
What did Kobold do, other than being cheap underhand fukkers????
Do they really think they can throw a couple of peanuts our way and tell us to play nice and fuk off??
Winenut
Go AVZ!
second worst song in the history of mankind with this taking the number one spot......
Usual corporate BS.
'KoBold Metals is using modern technology and artificial intelligence to find and develop critical minerals needed for electric cars and green energy.'US wants revised terms on Ukraine minerals deal, FT reports
The Trump administration is looking to renegotiate its proposed minerals deal with Ukraine which, if agreed on, would grant the US expanded access to the Eastern European resources, the Financial Times reported on Friday.
The FT has learned, citing Ukrainian officials, that Washington wants to broaden the terms of the deal to include other assets, most notably a nuclear power plant that is currently under Russian control. It is also looking to add more specific provisions on American ownership of a joint investment fund.
These changes would, the sources said, essentially require a renegotiation of the unsigned minerals that fell apart last month.
The FT report comes a day after US President Donald Trump said that a minerals deal will be signed “shortly” following his talks this week with the Russian and Ukrainian leaders.
The pledge was made following his signing of an executive order to increase US production of critical minerals.
In addition to Ukraine, Trump said that his government is also looking at rare earths and minerals in other countries.
mining.com
*To remind,
View attachment 80103
View attachment 80105
Game Over for Kagame: KoBold Metals and Bill Gates Move to Congo
The Democratic Republic of Congo (DRC) is finally receiving the attention and respect it deserves.
A powerful U.S. company called KoBold Metals, supported by billionaires Bill Gates and Jeff Bezos, is now preparing to invest in Congo’s rich lithium resources.
This move could bring huge change to the country and marks a major shift in global interest, away from Rwanda and into Congo, where the real value lies.
For years, Rwanda under Paul Kagame has been accused of stealing Congo’s natural resources, especially from the east of the country.
While the world turned a blind eye, Kagame’s regime continued to support rebel groups that caused violence in Congo, all to gain control of valuable minerals like cobalt and gold.
Rwanda’s so-called “success story” was built on Congo’s stolen wealth, but now the tide is turning.
Today, the world is seeing the truth, and Bill Gates, once close to Kagame, is moving his support to Congo.
This is not just business; this is justice.
KoBold Metals is using modern technology and artificial intelligence to find and develop critical minerals needed for electric cars and green energy.
Lithium is one of these minerals, and Congo’s Manono project holds one of the largest hard rock lithium deposits in the world.
KoBold wants to help develop it fairly, legally, and in partnership with the Congolese people.
In a letter to President Félix Tshisekedi, KoBold said the Manono area "has the potential to become a large-scale, long-lived lithium mine."
This is not a small promise.
This is a serious opportunity for Congo to grow its economy, create jobs, and become a global leader in clean energy minerals.
What is Lithium?
Lithium is a special metal used to make rechargeable batteries, like the ones in electric cars, smartphones, and solar power systems.
As the world moves to clean energy, lithium is becoming one of the most important resources on Earth.
That’s why countries and companies are racing to secure it.
Congo’s lithium, especially from the Manono project, could power the future of green energy worldwide
While Congo is working hard to attract honest investment, a legal fight between Australian company AVZ Minerals and Chinese firm Zijin has slowed progress.
Years ago, Congo canceled AVZ’s license and gave part of the land to China’s Zijin.
But now, with support from the U.S. and KoBold Metals, Congo has a chance to move forward with trusted partners, not those who want to take without giving back.
Even more powerful is what this shift means for geopolitics in Africa.
The United States, through companies like KoBold, is showing it wants to support real partnerships with Congo, not just benefit from its resources.
This could help weaken Rwanda’s unfair influence, which has caused too much damage already.
Let’s not forget: Congo holds the world’s biggest supply of cobalt, the second-largest supply of copper, and large amounts of lithium, tin, and gold.
These are not just rocks but they are the future of the world’s energy, and Congo owns them.
www.xtrafrica.com
View attachment 80107
AVZ visits US, billionaire-backed KoBold now wants Manono
Messy ownership struggle for huge hard rock lithium deposit takes another turn
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So the intelligence is examining core samples.
The artificial is doing it without permission.
These guys are not our mates. If they were, then they would have arrived on the scene long before the fat lady was clearing her throat.
They are potential business partners / purchasers.
That is all.
AVZ did the hard yards - AVZ gets the cream.
We're in the box seat. Don't forget.
There will be a few more claiming to be Brian.
I can see Nige with his gavel.
Jens. Hmmmm!
I was bagging that chancer years ago.
He adds 2 + 2 + some unknowns and guesses that the answer is 5.
He knows that he won't be wide of the mark - close enough to call a near-miss. Like a few others on SM.
It's always a dynamic situation, so he's never 'wrong'.
Been doing it for ever.
BTW
When peple are shouting 50c, 78c $1 and other ridiculous amounts, I suspect that is the amount that they need to pay off their mortgage, retire, transition or whatever.
It would be based on their needs and not grounded in reality.
Everyone has an agenda. Including me.
Mine is ££££++++
£12
Stay strong and be patient.
Long way to go, me thinks.
Spikerama
Regular
And here comes the story interesting.....
If Andrew Forrest [ FMG } is involved in some kind of a deal...we should be all very happy... He is a true Ozzi icon and would look well and truly after us....let's see what plays out.
www.acd.com.au
AVZ贏剛果（金）鋰礦官司 美勘探公司對其礦藏感興趣 - Australian Chinese Daily
【本報悉尼訊】據彭博社報導，澳洲證交所（ASX）上市的鋰礦勘探公司AVZ 在剛果民主共和國（剛果金）的陷入糾紛的開發項目引起了一位美國勘探公司的注意，這家美國勘探公司得到了美國兩位頂級富翁，微軟創辦人蓋茨和亞馬遜創辦人貝佐斯，以及澳洲鐵礦大亨傅列士（Andrew Forrest ）的支持。AVZ公司在與剛果（金）政府企業和中國礦業巨頭紫金礦業就Manono鋰礦資產的鬥爭中取得重大法律勝利後，美國勘探公司對有爭議的鋰礦藏資產的興趣增加。巴黎的一家國際仲裁法院命令捲入這一勘探開發權的剛果（金）國有礦業公司向AVZ支付3912萬歐元 （6750萬澳元）...
www.acd.com.au
Mute22
Regular
Pretty sure this is it, via the #2 forum:
Al mining explorer backed by Bill Gates and Jeff Bezos hoping to cut a deal for Congo-stranded $AVZ Minerals
Adrian Rauso | The West Australian Mon, 24 March 2025 12:34PM
A cutting-edge mining company that counts the ultra-rich Bill Gates and Jeff Bezos as investors could reportedly throw Australian-based AVZ
Minerals a lifeline for part control over one of the world's largest hard rock lithium deposits.
The US-based KoBold Metals recently penned a letter to the #DRC Democratic Republic of Congo's rulers, Bloomberg has reported, amid early-stage conversations between the US and the DRC to form a critical minerals and security partnership. #criticalminerals
KoBold, which is known for using artificial intelligence to explore for commodities like lithium and copper, has proposed taking over a mining license.
KoBold's proposal also reportedly aims to resolve a long-drawn dispute involving AVZ
Minerals, China's #Zijin @Manonolithium Mining Group and the DRC government, according to a letter seen by Bloomberg.
The deposit "has the potential to become a large-scale, long-lived lithium mine," KoBold chief legal officer Sandy Alexander wrote in a letter to Congo President Felix Tshisekedi's @Presidence_RDC chief of staff on January 21.
The company "would welcome the opportunity to develop the asset," Mr Alexander said.
KoBold has more than 70 exploration projects around the world and is developing a copper mine in neighbouring Zambia.
The KoBold offer reportedly came days before President Tshisekedi proposed a minerals-for-security deal with US President Donald Trump's administration @realDonaldTrump @StateDept @marcorubio . DRC's government is battling a Rwanda-backed rebellion in its mineral-rich eastern provinces #M23_RDF_AFC
AVZ was developing the #Manono mining project in the DRC - touted as "the biggest lithium discovery on the planet". But in 2023 the DRC's government controversially split the licence and gave Zijin the northern portion.
The value of AVZ, which was listed on the ASX, was savaged by the licence split and its shares are currently delisted.
AVZ is fighting a bitter legal battle in hopes of winning back the whole deposit. Adding to the drama, The West Australian in December revealed that AVZ is under investigation by the Australian Federal Police over bribery allegations.
KoBold's plan is contingent on AVZ receiving
"appropriate compensation" and agreeing to transfer all its interests in the DRC.
Once all disputes are resolved, Zijin would keep the northern section of the deposit, and the US company would develop the southern portion.
KoBold also requested the Congolese government be the minority shareholder in any joint venture rather than state-owned
#Cominiere @cominiereSA , which was AVZ's partner before the relationship soured.
AVZ chief executive Nigel Ferguson @AvzMinerals told Bloomberg that one of the company's external lawyers was copied on the letter addressed to Anthony Nkinzo @Anthony_Nkinzo , who serves as President Tshisekedi's chief of staff.
Do you mean this one? https://thewest.com.au/business/min...al-for-congo-stranded-avz-minerals-c-18140631.
It's a bit of a rehash of previously published material. Can't guarantee I got it in the right order
Attachments
I wouldn't deal with fukwits Kobold until after ICSID, unless they come with an offer in excess of your £12, prior to ICSID.
It is painfully obvious why they are trying to jump the ICSID verdict!!!
Don't have to be Einstein to understand that.
Nigel told us at the AGM that no one has accessed the core library without permission.
BRICK
Top 20
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
View attachment 80046
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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