AVZ Discussion 2022

[pow4ade]

I'm not getting hung up over the semantics of Kiki's tweet, ie 'reinstated'. That's the formal path of what should occur. Just as important is the co-related security agreement.

Hence the pressure is on Felix to make an executive decision on Manono, one way or another. For he would know full well Trump's attitude to closing a deal:

"Spare me the details, sort that shit out".

To remind, here's Marco Rubio recently laying out the US approach to foreign deals. In his cabinet report to Trump Rubio also lauds special envoy Boulos and the DRC/Rwanda deal:

(from 2:00)

 

[Ashlee]

Interesting video Kobold from 36:50

https://x.com/i/broadcasts/1YqGookyyMvGv

 

[Huntian]

Interesting video Kobold from 36:50

https://x.com/i/broadcasts/1YqGookyyMvGv

Kobold certainly sound as if they are forward planning with confidence, however you can clearly see building frustration in her face.
Love this comment from Serge @ 44:15 'What I'll say to investors is.... if you come into the DRC make sure you do things by the book.'

 

[Jazz]

Kobold certainly sound as if they are forward planning with confidence, however you can clearly see building frustration in her face.
Love this comment from Serge @ 44:15 'What I'll say to investors is.... if you come into the DRC make sure you do things by the book.'

Advanced copy of said “book” ….

 

[Spikerama]

A bakers dozen and we push that button.

 

[Skar]

US-DRC Critical Minerals Deal Demands Mining Reform and Transparency - Copperbelt Katanga Mining

The United States is facing a strategic economic and national security challenge: securing critical mineral supplies without relying on geopolitical

copperbeltkatangamining.com

-This minerals-for-security-and-development agreement places Kinshasa under scrutiny, particularly in terms of mining governance and transparency—key conditions for attracting U.S. private sector investment.

-Washington’s stance is firm: access to the DRC’s mineral wealth must be underpinned by responsible governance, as emphasized in recent U.S. executive orders that link critical mineral security directly to national economic resilience.

-Mr. Boulos has been clear: any partnership must adhere to principles of good mining governance and financial transparency.

-This represents a significant test for the Congolese government, some members of which have been criticized for mismanaging public resources.

-The manipulation of mining cadastre records (CAMI) to reassign valid concessions is also under scrutiny.

-The ongoing dispute between Australia’s AVZ Minerals and Cominière over the Manono lithium project serves as a case in point, highlighting governance failures in how mining rights were handled and reassigned.

-As negotiations continue, the U.S. is pushing for reforms in the management of mining titles, urging Congo to clarify the role of its private mining sector.

-To date, the Congolese companies that will partner with American firms under this deal remain unidentified.
[I am guessing Cominiere is out]



It just doesn't make sense to stiff AVZ or leave Manono locked up in a legal quagmire with the above goals in mind.

 

[Mute22]

Still getting mentions in the American media cycle is a good sign imo.

Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge

Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology

abcnews.go.com

In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.

 

[Stockinvesting]

Still getting mentions in the American media cycle is a good sign imo.

Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge

Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology

abcnews.go.com

In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.

"brokered..."....
Padt tense. Interesting.

 

[Stockinvesting]

Sorry, past tense

 

[Mvdl5150]

With respect to Manono being locked up for years to come are there no possibilities of a TO during and after the ISCID cases?

 

[Spikerama]

Sorry, past tense

You know you can edit your post right? If you see a typo.

 

[Skar]

With respect to Manono being locked up for years to come are there no possibilities of a TO during and after the ISCID cases?

Its a loaded question, anything is possible but realistically who wants to buy shares of an asset when the % ownership and pathway forward is unclear? So that rules out before/during UNLESS DRC Gov settle with us as part of a sale (which is Kobolds plan). So that only leaves after for a sale and again it requires DRC to acknowledge/allow a pathway forward.

I see three outcomes:

1. US-DRC peace deal reached, kobolds plan comes together we get compensated well.
2. US-DRC peace deal reached but kobolds does not compensate us enough or the BOD otherwise decides its not in shareholders interests, and we either go back to ISCID or are placed into the new US-DRC good governance "parallel system" (and/or get a better offer from Kobold or another US\Arab\G7 buyer willing to implement Kobolds framework with more compensation for AVZ).
3. US-DRC peace deal falls through and we continue ISCID (and mining with Cath is our only way forward). This would be a very bad outcome but its where we were last year.

 

[Xerof]

Still getting mentions in the American media cycle is a good sign imo.

Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge

Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology

abcnews.go.com

In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.

The US and DRC have 'brokered' an MOU for a security for minerals deal.

AVZ and Kobold have a NON-BINDING agreement. ( a bit like our agreement with CATH - it's not done until its done)

Kobold are obscenely overly-keen

 

[Uglybob]

The US and DRC have 'brokered' an MOU for a security for minerals deal.

AVZ and Kobold have a NON-BINDING agreement. ( a bit like our agreement with CATH - it's not done until its done)

Kobold are obscenely overly-keen

As long as the 'overly-keen' attitude continues into the 'fair compensation' stage then I'm good with it.

 

[Frank]

A bakers dozen and we push that button.


View attachment 84764

A bakers dozen and we push that button.

 

[cruiser51]

Interesting video Kobold from 36:50

https://x.com/i/broadcasts/1YqGookyyMvGv

The body language of the Kobold representative is interesting.

 

[Spikerama]

A bakers dozen and we push that button.

View attachment 84773


View attachment 84774

No need to shout Frank.

And stop fucking up my design.

 

[wombat74]

The body language of the Kobold representative is interesting.

I can only see her head .

 

[whales]

The body language of the Kobold representative is interesting.

She appeared frustrated that Kobold are ready to go ahead with the project but like us all waiting for the mining licence to be re issued to Dathcom .Felix is keen but now needs to act on restoring ML .

 

[cruiser51]

I can only see her head .

Ok I better rephrase, her head language was interesting.
I think she should have gone to the toilet before the interview.