AVZ Discussion 2022

[ptlas]

I still think that there's some way to go, even if it's only brinkmanship around ICSID.

The quality of posts on TSE is infinitely better than the crapper.
Unfortunately, so is the trolling. A few well aimed hand grenades and the usual TSE bipolar returns.

Be f...... strong.

We know what we own.

 

[Frank]

https://x.com/KiengeKki/status/1921538621795946671

 

[Thaz]

Go big or go home.

$50.

 

[Winenut]

In most arbitration cases the amount awarded is lower than initial damages claim. Then DRC delay and don't pay and settle for a lower amount...then they don't pay that.

Will holding out for longer make Kobold come up further due to the opportunity they are missing whilst delaying? Possibly. I suspect that is what Nigel is trying to do right now, hence the announcement said the framework was non binding. DRC is letting the north be developed by Zijin with our case pending. Will they do the same with the south regardless of legality? Unsure.

People are wondering why Jens is saying what he's saying and I think this is why.

I'm in my 30s. $5-10m is enough for me to buy the house, cars etc that I want and to only work if I feel like it. I want the money now though, not when I'm 50. Jens has more shares and much older than me

So I see both sides of it. $1.00 to $1.30 is NOT really fair value for the project, but we are not dealing with people that are fair.

I am SICK of waiting.

Get fucked

 

[Winenut]

Obviously those with more shares will receive more total $$$. With an offer of $1 plus, everyone with a few million shares will get $5-$10 mill before taxes. Nigel resisted selling out to the Chinese for cents. I think he is trying to get the absolute best deal he possibly can.

If a $2+ offer is not coming, then it doesn't really benefit anyone to keep pushing for that figure and being angry when we don't get it. Everyone is aware that the alternative is going through arbitration and trying to recover assets over the next decade. We all know the challenges faced. A $1 to $1.30 is not a fair price for the project, but it beats arbitration for the next 10 years and recovering cents on the dollar.

yeah nah emerged.....

 

[Winenut]

In most arbitration cases the amount awarded is lower than initial damages claim. Then DRC delay and don't pay and settle for a lower amount...then they don't pay that.

Will holding out for longer make Kobold come up further due to the opportunity they are missing whilst delaying? Possibly. I suspect that is what Nigel is trying to do right now, hence the announcement said the framework was non binding. DRC is letting the north be developed by Zijin with our case pending. Will they do the same with the south regardless of legality? Unsure.

People are wondering why Jens is saying what he's saying and I think this is why.

I'm in my 30s. $5-10m is enough for me to buy the house, cars etc that I want and to only work if I feel like it. I want the money now though, not when I'm 50. Jens has more shares and much older than me

So I see both sides of it. $1.00 to $1.30 is NOT really fair value for the project, but we are not dealing with people that are fair.

I am SICK of waiting.

get fucked

just pressing home the point........

 

[Winenut]

wino you still on the wagon

Yep!

Loving it

Can't believe I can still be so cynical and acerbic without imbibing.......

Get your dictionary and thesaurus out

 

[pow4ade]

Kobold's head office in Berkeley, California....what am I missing?

Google AI Overview

The headquarters of KoBold Metals is located at 64 Shattuck Square, Suite 210, Berkeley, California 94704, US.

 

[cruiser51]

Nah, Jens is playing golf with Hoots.

Who gives two hoots ?

 

[Goat]

https://x.com/kiengekki/status/1921558159442755818?s=46

What the actual?
Im no conspiracy theorist but the sudden change of language & tack by the loudest & removal of the Kobold video saying “Ink is drying on the contract” makes it appear we have a sub $1 deal.
Also the influx of dollar dazzlers in this group and hotcrapper.

Jens, Firy & now Kiki.

 

[BobTheCat]

https://x.com/kiengekki/status/1921558159442755818?s=46

What the actual?
Im no conspiracy theorist but the sudden change of language & tack by the loudest & removal of the Kobold video saying “Ink is drying on the contract” makes it appear we have a sub $1 deal.
Also the influx of dollar dazzlers in this group and hotcrapper.

Jens, Firy & now Kiki.

Yeah, it feels like those "in the know" are now trying to prepare us for a disappointing outcome (a really unpleasantly large pineapple). Sub-$1US would mean below ATH(or just close to it), and that really stinks. I know "prices are down" and we should "consider the current geopolitical and economic conditions," but FFS—this is not just any deposit. It is a MASSIVE STRATEGIC RESOURCE with long-term value that many apparently can't fathom. Also, whoever controls Manono controls the lithium price for the next 20–50 years. Just that single fact should be worth more than $10B+ USD.

It just feels bad to have this opportunity taken from us and then be told to be grateful for it.

Sorry—normally I’m happy to just lurk and like posts, but I had to let this out. Also, I don’t want to attack anyone, and I’m sure most people have good intentions behind what they do and say.

In the end, there’s not much else to do but to sit tight, hope for the best (and mentally prepare for a disappointment).

 

[Rechnerhand]

Except that America are investing BILLIONS in Africa to get TRILLIONS out. There is no rush for a sale of AVZ... if Manono is not a part of the initial US investment, the US are still building the Lobito corridor... Kobold have many many other assets they are investing in in Africa (ours is just the best - thus it deserves a premium).

We can find another US partner down the line or we can proceed through courts with Cath. This perception of a rushed sale/last chance nonsense is pure propaganda. This is the START of a massive global shift, Africa investment from 2025+ will go parabolic, the population is growing, western ones are declining.

I don't expect our management to sell out shareholders cheaply now. Nigel has made it clear from the start he knows what he has. Dont let the tree shaking rob us all of a fortune. Transformation is happening.

" ... We can find another US partner down the line or we can proceed through courts with Cath. This perception of a rushed sale/last chance nonsense is pure propaganda. This is the START of a massive global shift, Africa investment from 2025+ will go parabolic, the population is growing, western ones are declining. ..."

--> I won't doubt AVZ will find another potential (US) partner but do you really think thank any investor outside DRC is not considerung AVZ dilema in the last few years with spending that much money w/o having someting binding in hand today by the DRC government (Kabila or Tshisekedi)? Whoever and I guess several is willing to transfer brwonfield into mine/production needs a speedy boarding pass by the DRC themself and put any $ aside for the buyout.
It works more this way ... you're an US investor? Fine ... US government put you on a list for the next bilaterial meeting because they have an agenda to secure urgently so called rare earth materials and critical minerals for their national agenda. (I mean who will come to the US when they have no reliable supply chain secured). DRC will check the list and give its 'OK'. Any deal with CATH is just that much worth as the DRC government let this deal happen ... and surprise ... I guess there will be no ML to AVZ given by the DRC government e.g. the CATH agreement, ZiJin received Northeast section and chinese companies are not that popular anymore (probably 50% to both ... US and China of whole 13559). Other potential investors on the list of politicians to decide? Who knows ... but today it looks like that DRC gave approval fot Kobold ... who am I to judge? But for sure ... Kobold will never bring this into production w/o any further assistance of a known mine player.

 

[Chase]

He's made some questionable statements over the years.
Always been suspicious.

Fuck off muppet

 

[Rechnerhand]

They want the resource, they pay the 'fair price' or no-one gets it and we sit and wait.

These mofo billionaires didnt become billionaires from being pussies and lettting others take advantage of them, almost all of them are dodgey af and they most certainly wouldnt take the deal if they were on the other side of the fence. They'd sit there and say we know you want it, we know what its worth, we know the two biggest super powers on earth want it, so pay the price or we'll continue in the courts to get our US$10b while seeking another buyer, and if anyone dare touches the south, we'll sue them too and seek more compensation. No ifs, no buts, no maybes, pay up or shut up

These 'mofo billionaires' became so while reducing their risk over time to lose more then ... you know the end.
They want this resource ... sure, no doubt about it. So what? But they will not want to have it w/o any securities while spent their names and trademark (and for shareholders interest). DRC is a business battleground.

It is not the fault of a potential investor what the situation is these days. They act like anyone else of us would do when we see a good risk reward ratio but don't want to lose even more or going the same bad trip as the former owner did.

 

[PhatCatz]

I can totally see KoBold flipping a PORTION of this project for way more than they “compensate” us for the whole of it.

Not sure why those who are apparels “in the know” are bending over at the 12th hour to take it raw.

 

[Azzler]

Perhaps someone can explain to everyone, who is going to outbid Kobalds offer, or why Kobald would pay more?

 

[Bonsoir]

Perhaps someone can explain to everyone, who is going to outbid Kobalds offer, or why Kobald would pay more?

Has anyone seen Kobalds offer in writing ?

 

[Samus]

I don't see any official information that AVZ will be delaying the ICSID case. There is too much fluff around.
I don't believe those few loud mouth, self important shareholders on twitter are 'in the know' either. They can sook to their mommas that they want a low ball offer all they like. Management should be able to leverage our position more strongly. You've got Chinese and Americans vying for the deposit and the DRC government about to get their arse sued off.

 

[Skar]

" ... We can find another US partner down the line or we can proceed through courts with Cath. This perception of a rushed sale/last chance nonsense is pure propaganda. This is the START of a massive global shift, Africa investment from 2025+ will go parabolic, the population is growing, western ones are declining. ..."

--> I won't doubt AVZ will find another potential (US) partner but do you really think thank any investor outside DRC is not considerung AVZ dilema in the last few years with spending that much money w/o having someting binding in hand today by the DRC government (Kabila or Tshisekedi)? Whoever and I guess several is willing to transfer brwonfield into mine/production needs a speedy boarding pass by the DRC themself and put any $ aside for the buyout.
It works more this way ... you're an US investor? Fine ... US government put you on a list for the next bilaterial meeting because they have an agenda to secure urgently so called rare earth materials and critical minerals for their national agenda. (I mean who will come to the US when they have no reliable supply chain secured). DRC will check the list and give its 'OK'. Any deal with CATH is just that much worth as the DRC government let this deal happen ... and surprise ... I guess there will be no ML to AVZ given by the DRC government e.g. the CATH agreement, ZiJin received Northeast section and chinese companies are not that popular anymore (probably 50% to both ... US and China of whole 13559). Other potential investors on the list of politicians to decide? Who knows ... but today it looks like that DRC gave approval fot Kobold ... who am I to judge? But for sure ... Kobold will never bring this into production w/o any further assistance of a known mine player.

America are going ahead with the minerals for Security deal. Investment is going into Africa. Kobold are the first off the rung (most connected), cherry picking the best bits from the carcass so to speak. Don't conflate US minerals for security to mean Kobold are the only investor (there will be lots and lots). It is only BECAUSE of the US involvement that this oppurtunity has now emerged for Kobold (or they are the architects of it, one of many). If the kobold deal does not go ahead, the US does not scrap the security for minerals deal, it continues (again there is TRILLIONS of mineral wealth in Africa). There are many countries, many other minerals and probably many other sources of lithium available in Africa, ripe for the picking unexplored. As the demand for lithium grows this mammoth source of 669MT will be sitting idle not generating tax (bad for DRC so they can issue an ML for us at any time or we can keep going through courts - a deal is better than courts). More offers will come off the back of the minerals for security deal UNLESS Kobold can lock this up now.

That said I obviously prefer a sale to Kobold but I am not going to let it be stolen (if I can help it at all)... I'll speculate here on the value of the project, I am not posting SP predictions or attacking anyone (on social media) and don't think that helps any. Right now its a wait and see how the deal takes shape, gotta give management room to operate.

 

[wombat74]

Anyone know who this woman is ?KiK giving it some weight .



KIKI KIENGE
@KiengeKki

Maja@fastandfiry, shareholder of AVZ, sends a message of conscience to all other partners of the Australian company, regarding the potential negotiations with the American giant, #KoBold , for the sale of its assets related to the Manono lithium project: "Personal message to $AVZ SH: We are all in this together and want the best outcome. ICSID is not it! It may give you the slow satisfaction of revenge, but you will never see one!! We have an offer on the table. Be grateful for it, given the current geopolitical and economic context. Stop arguing about SP and wait a moment. The AVZ team has worked hard to conclude a deal that we did not even imagine possible a few months ago.So, let's add one. Another note: some people deliberately post negative comments about $ AVZ and others. Let's not give them airtime. You know what you have to do! "