Frank
Top 20
Industry consultant Maria Ndongo explains: "The Congo is becoming a competitive battleground for battery metals, with Western, Chinese, and increasingly Middle Eastern interests vying for access.
Last edited:
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Industry consultant Maria Ndongo explains: "The Congo is becoming a competitive battleground for battery metals, with Western, Chinese, and increasingly Middle Eastern interests vying for access.
Mr_Tones83
Regular
Interesting that this one doesn't mention AVZ at all
Rio Tinto Enters Negotiations with Congo for Strategic Lithium Deposit
Discover how Rio Tinto's negotiations with Congo for the Roche Dure lithium deposit expand their battery materials portfolio.discoveryalert.com.au
Expansion on previous article!
I am just wondering how they know so much about the Roche Dure deposit? Sounds like we should be selling $10 tickets to the AVZ core sample library!
If you mention AVZ the DRC won't talk to you.Interesting that this one doesn't mention AVZ at all
LOCKY82
Regular
Very weird it's almost hard to leave AVZ out of any kind of article involving manonoInteresting that this one doesn't mention AVZ at all
Two things come to mind with RIO's potential play:
1. It seems to be merely a commercial transaction, but without the security guarantees that the DRC is seeking, and
2. If successful, may ultimately be a cash plus scrip offer, which allows RIO to offer a premium over KoBold.
Regardless of who ultimately wins the cupie doll, I kinda think that more potential suiters will be running the numbers.
Cheers
F
1. It seems to be merely a commercial transaction, but without the security guarantees that the DRC is seeking, and
2. If successful, may ultimately be a cash plus scrip offer, which allows RIO to offer a premium over KoBold.
Regardless of who ultimately wins the cupie doll, I kinda think that more potential suiters will be running the numbers.
Cheers
F
Why the US wants BHP and Rio to get crazy rich in the Congo
BHP and Rio Tinto see just one problem with the big new copper mine Robert Friedland has built in the DRC. But the US government reckons it has the solution
I think I remember a RIO number plate photo shopped on Deboss' car at one point . An old wink wink thing back in the day .
Seeing all these posts on X reminds me of something that seems pertinent
Elon Musk decided he wanted Twitter so bought it outright for $44 Billion.
For Twitter.
So yes these Bilionaires can afford to drop some cash for Manono.
Yeeees rich people have gotten there by by frugal brutal business people, but they also cement their control by know not just when to be stingy, but when to wield their immense wealth like a hammer to make sure things go their way.
And Kobold, Rio etc are not negotiating with poor widdle stranded AVZ where they can bully a lowball price much as they're negotiating against China and their main weapon is their wallet.
Im still waiting on CATH's response to all this. I assume they're planning something in the background. I would assume some sort of counter/pre-emptive offer? Or maybe they'll just eat Zijin and then problems go away...
Elon Musk decided he wanted Twitter so bought it outright for $44 Billion.
For Twitter.
So yes these Bilionaires can afford to drop some cash for Manono.
Yeeees rich people have gotten there by by frugal brutal business people, but they also cement their control by know not just when to be stingy, but when to wield their immense wealth like a hammer to make sure things go their way.
And Kobold, Rio etc are not negotiating with poor widdle stranded AVZ where they can bully a lowball price much as they're negotiating against China and their main weapon is their wallet.
Im still waiting on CATH's response to all this. I assume they're planning something in the background. I would assume some sort of counter/pre-emptive offer? Or maybe they'll just eat Zijin and then problems go away...
LEFOOL
Regular
I've replied to his post and i was being VERY NICE trust me... but aye karma will hit him hard one day...
Rediah
Regular
Frank
Top 20
KentCStrait
Emerged
This is a bit misleading. Musk didn’t just drop $44 billion in cash. He contributed around $26 billion of his own money—mainly by selling Tesla shares. He also pulled in about $6 billion from outside investors like Larry Ellison, a Saudi prince, and the Qatar sovereign wealth fund. The rest—roughly $13 billion—came from bank loans, secured against Twitter itself, meaning Twitter (not Musk) is on the hook for that debt. So no, he didn’t just whip out a cheque for $44 billion.
All of that said, I don’t really give a flying proverbial where the money comes from—so long as we get paid. My preference is Rio Tinto, but it can be Kobol, the Chinese, or Santa Claus for all I care. I invested in a lithium mine, not a corruption factory. Let this fucking country be someone else’s problem.
Similar threads
