This is a great post and I think it does accurately explain why some large holders have been "talking down" the price as they want to exit.
Going the full way through ICSID will be a long term disaster and is highly unlikely to obtain a satisfactory return for anyone in terms of timing or proceeds. What potentially could obtain a better return, is stalling for another couple of years until the lithium price improves. If the lithium price is 2 or 5 times what it is now then it makes it much easier to support and negotiate a higher valuation. The issue is that this is RISKY and no one knows when the price will increase and by how much. AVZ have a potential buyer lined up now which the DRC Government appear to support. The political environment can always change though. If the deal falls through, when will another buyer step up? Will the DRC Government let South Manono continue to sit there waiting for another buyer to step up in several years? The issue is we don't know, as the DRC Government are not trustworthy or reliable. If AVZ end up taking the Kobold deal, will holders end up kicking themselves in years to come? I would say highly likely that the answer is yes, however not taking the deal is also a BIG risk.
@hedrox, I think it was this comment on the article that @Funtimes1 was referring to, not the actual article itself. I think. As others have said, the article is just a rehash of previous stuff.Does anybody got this article from this weekend in The Australian? Who wrote it?
Let's add to that any changes to the supply landscape that may eventuate while we are stuck for years in the courts . Like advancements in technology that require less Lithium / a few more major deposit discoveries . Better to get this sorted now and get the flock out this scum hole .This is a great post and I think it does accurately explain why some large holders have been "talking down" the price as they want to exit.
Going the full way through ICSID will be a long term disaster and is highly unlikely to obtain a satisfactory return for anyone in terms of timing or proceeds. What potentially could obtain a better return, is stalling for another couple of years until the lithium price improves. If the lithium price is 2 or 5 times what it is now then it makes it much easier to support and negotiate a higher valuation. The issue is that this is RISKY and no one knows when the price will increase and by how much. AVZ have a potential buyer lined up now which the DRC Government appear to support. The political environment can always change though. If the deal falls through, when will another buyer step up? Will the DRC Government let South Manono continue to sit there waiting for another buyer to step up in several years? The issue is we don't know, as the DRC Government are not trustworthy or reliable. If AVZ end up taking the Kobold deal, will holders end up kicking themselves in years to come? I would say highly likely that the answer is yes, however not taking the deal is also a BIG risk.
Set the bar low then surprise to the upside .Will make the medicine taste like champagne .Fuck Jens, he shouldn't be promoting low ball offers. He should just STFU like we have been asked to do. He is just a SH too.
I'd be surprised if it wasn't Kobold .@wombat74
Mate, what’s the ground telling your ear now, after yesterdays announcement? Seems to me there is optionality still available to anyone who’s interested and there is no deal yet
the only thing on my mind now is $13.79FFS! All this BS about price talk sub dollar is giving me the irks!
We know what it's worth, what they pay is anyones guess, but lets aim high for now. 800MT of 1.6% and digging can start with ya kids sandpit shovel.
AVZ is in the head of the chair. If they choose to tell Kobold to EAD due to a lowball offer, the ICSID progresses and the DRCs dirty laundry gets aired for the ENTIRE WORLD to see. CATH will happily stump up all the dollars to build a mine.
USA wants the minerals so they are not going to let it go, I believe a deal is already stitched up with price, now it's just how the hell the USA and Kobold can get the DRC to deliver on promises.
Anatol is a known pumper leading the ltr crew to not sell during their near 6bn take over which we all know fell through.Great write up by Anatol on the LTR thread on the Crapper....it shows clearly how desperate the world is for Lithium..
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Haven't posted a lot lately but here is a thought- if you are thinking of scribing a few paragraphs about why your investment is only worth a few cents then how about you just hold off for a few weeks. Ya dumb cunts!!
Can someone remove this troll who keeps posting the same thing on repeat over and over?
I am sick of reading it.
Samus trolls Yaseen, Yaseen says leave me out of it. Samus trolls Yaseen, Yaseen says leave me out of it. Samus trolls Yaseen, Yaseen says leave me out of it.
Haven't posted a lot lately but here is a thought- if you are thinking of scribing a few paragraphs about why your investment is only worth a few cents then how about you just hold off for a few weeks. Ya dumb cunts!!
It took the dumb cunt three years to finally realise he can moderate members everyday posts with his two user accounts and now he's having a field day. Report, report, report people. Yaseen/j19 is destroying tse single handedly...
Awesome, thanks for that info. Is it necessary to go through this process though? If AVZ seals a deal and we all get paid out will I not receive payment for my shares?If you want to move your holdings to Automic, open a ticket with IBKR and let them know what you want to do. At this stage, your shares are held through a custodian, and the AVZ office doesn't know you as a holder. Your name won’t appear on the registry, and you don’t have an SRN or HIN because you don’t directly own the shares.
IBKR will send you some forms to sign and to upload back to them. This is a manual process, and it typically takes around two weeks. They will charge you approximately $100 for the entire process.
Are you serious?Another troll!!![]()