AVZ Discussion 2022
- Thread starter GazDix
- Start date
Remember these guys have actually been on site . Seen first hand those long raw naked core samples . Dudes probably had the boner from hell ever since .
Which proves that they haven't.
Yet?
Pretty sure that's right.I thought $10 was the anchoring price and $12 was the meme price with the f@#$ Zinjin bonus?
Not that I can be bothered going back 2167 pages to confirm.
May have touched $16 at one point, but that would have been me on the Sheaf Stout.
DiscoDanNZ
Regular
I thought it was $10 anchoring then someone asked USD or AUD and it became $12 AUD?I thought $10 was the anchoring price and $12 was the meme price with the f@#$ Zinjin bonus?
Not that I can be bothered going back 2167 pages to confirm.
Skar
Regular
Too much focus on what the amount will be. Would be nice to ponder when. AVZ have proposed to temporarily suspend the legal action to facilitate the transfer, presumably if terms have not been set, there would be no need for a transfer which means no need to pause, so the legal action would go ahead... which means we should see something in the next 3 weeks?
or am I reading this wrong?
or am I reading this wrong?
Thats how I am reading it. We should hear something at the 11th hour. The chinese will know the deal with Kobold (someone always leaks, and they have their spies). Like we know the chinese do, could make their offer in that 11th hour. One way or another we will know before arbitration.
We should also not forget the Chinese have ALREADY made an initial offer:
- Chip-in a huge chunk of cash to develop the project in return for a 30% stake and offer AVZ earn-in potential for further dow stream processing. As long as they get all the product.
It's on the Americans now to stump up a counter-offer that beats this. China may well offer their own total buyout after that, but they at least have made an offer to get this project moving in a way that's still attractive to AVZ holders
LOCKY82
Regular
19 days! Jesus I think I'll need a pre announcement that there's going to be an announcement for my hearts sake
Xerof
Flaming 1967
So far their attempts don't seem to have delayed the hearing, but they tried like fuck to do so. Piss lawyer fees up the wall?, yes thats their other angle
Is there not a US Security/Protection/ Felix Deal attached to the Manono deal ? USA/Roche Dure . China /CDL .
cruiser51
Top 20
I would say the latest ICSID update means for the DRC to get its finger out, if they don't want their dirty linen hang out for all to see. 19 days to go, same as Jen's birthday.
Skar
Regular
"The code is more what you'd call guidelines, than actual rules. The only rules that really matter are what a man can do and what a man can't do".
Uglybob
Regular
It's important to remember here that the US aren't coming in to save the day from a position of power. The Trumpster fire started a trade war with China without ensuring they had a good supply of everything they need first. US have no rare earth metals. China does.
The DRC deal is about more than just Li for the US, it's about sourcing a bunch of different stuff that China won't sell them any more.
Trump won't admit he screwed up so it'll be interesting to see what he'll do to make this happen in their favor, but end of the day if China offer more than Kobold, AVZ goes to them.
It comes down to business sense, not emotional warm and fuzzy feelings. I hate to say it, but China (Cath) has begrudgingly come to our aid to help fight off Kobold and the DRC so far. Without them I think we'd be in a worse spot than current. It'll be interesting to see where this lands.
The DRC deal is about more than just Li for the US, it's about sourcing a bunch of different stuff that China won't sell them any more.
Trump won't admit he screwed up so it'll be interesting to see what he'll do to make this happen in their favor, but end of the day if China offer more than Kobold, AVZ goes to them.
It comes down to business sense, not emotional warm and fuzzy feelings. I hate to say it, but China (Cath) has begrudgingly come to our aid to help fight off Kobold and the DRC so far. Without them I think we'd be in a worse spot than current. It'll be interesting to see where this lands.
Zijin is continuing to prepare the north for production.
So the Chinese will not stand still, but delay and frustrate AVZ and the west while hoping for a miracle.
DRC will be receiving paper bags from alternative sources.
Plenty of mining in the country.
Normal service.
Skar
Regular
Trump receives a lot of flack but he is very shrewd. China just settled with very favourable terms on the Tarriff situation.
The critical mineral supply is what they are sureing up now... it will take time to get up and running but its also on the G7 radar now too. Would be good to find a decent exit soon but its not the only (or last) good exit left. Once China supply dominance is disrupted they cant keep manipulating mineral price like they have which opens up more economic opportunity for western miners (everyone doing it tough now).
cruiser51
Top 20
If you wish to operate in the DRC, compete with the Chinese and not be willing to be part of the bribing game, it is like having both arms tied behind your back and your legs in ankle chains.
Australian companies involved in overseas bribing get punished in Australia, if found out.
Chinese companies, especially state owned, don't have to deal with that inconvenience. So the trick for Australian companies is don't get found out, but the Chinese will dob you in anyhow.
So it is not really a level playing field.
I have been surprised AVZ has been able to get this far without losing any of their Australian team members, while playing with a straight bat.
Beside of huge lips and lenny of course, but they can be considered as (ex)samples without any further value.
Skar
Regular
Exactly... https://www.csis.org/analysis/g7-cooperation-de-risk-minerals-investments-global-south
"with raw materials shipped back to China for processing. China then leverages its market power to manipulate commodity prices and restrict exports, making it increasingly difficult for Western companies to compete and attract private capital."
"The scale of capital required to create resilient supply chains is insurmountable by a single country. Figures for the cost of mineral investments needed for energy alone range from $590 billion to upwards of $2 trillion by 2040. Yet in 2023, G7 countries collectively committed just $13 billion to domestic and international critical mineral initiatives—an amount that falls drastically short.
A well-structured G7 Critical Minerals Investment Fund that pools capital from all seven nations towards high-priority projects can help de-risk projects, provide much-needed capital, incentivize private investment, and ensure guaranteed offtake of materials to G7 countries can counter the dominance of adversaries in the global minerals industry."
This is what I mean when I say, its on the radar.
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