AVZ Discussion 2022

[Samus]

Just hilarious that they took it straight down from all the official channels.

Did he put his foot in it?

Surely wouldn’t ask BBC to remove it if he wasn’t happy with how he spoke.

I did notice at the beginning that he said they were excited to “one of the” biggest investors in DRC, and then quickly corrected himself to “the biggest” - interview kind of went downhill after that

 

[JAG]

I’m still laughing at the Kurt House BBC interview

Dead links everywhere

Fuck off Shane!

 

[Dave Evans]

Just to add to what @Carlos Danger said, I believe the US previously said they were putting sanctions on CATL for supplying critical minerals to China’s military

The other comments I’ve been holding onto and struggling not to put out there are that from all the information put out by KoBold, Bloomberg, Reuters, The Australian and nearly every other media source and announcement I’ve read, I wouldn’t be surprised if

1) AVZ has already stuck the deal with KoBold

2) They’re waiting for the fat fuckwit to say he will grant the ML to KoBold (and he’s waiting for AVZ to drop arbitration)

3) As posted (then deleted) in The Australian newspaper…. KoBold offering US$1.5b plus royalties plus compensation for the north. I believe The Australian was the first media source to mention that Zijin keep the north

4) US$1.5b = AU$2.3b which I believe was roughly what was thrown around at the last AGM. That equates to around AU$0.66c a share. Perhaps this is why Jens is throwing low-ball posts out on X.

I’d be filthy if this was the case. Royalties from KoBold would have to more than match fair value given its future earnings, and compensation for the north would have to be at least US$1.5b on top of the other offers.

We know when AVZ challenged Jin Cheng’s purchase of 15% of Dathcom in the ICC, Zijin themselves put a value on our project of US$5.6b. That’s AU$2.45 per share and that’s before the resource increased by 47% to 842Mt.

And any compensation for the north would have to come originally from Zijin and would have to be guaranteed because we know they are corrupt liars.

As far as KoBold goes, we know they’re not miners so I’m expecting they will form a joint venture with Rio Tinto.

Thats why I believe shareholders shouldn’t accept any low-ball offers. The DRC are desperate for security against Rwanda backed M23 rebels, KoBold is desperate for Manono and the US is desperate for DRC critical minerals. The only ones who shouldn’t be desperate now are us, we’ve waited three years for this ICSID case to start and now we’re only 18 days away

I know others might disagree, the above may just be a starting point and are just my opinions based on what I’ve read, the fact I don’t have 53million shares and wouldn’t accept any low-ball takeover offers

It’s amazing what saving bits of information here and there can lead to. Here I was going back through a few notes and I came across the article written in The Australian that was later deleted. It was written by Brad Thompson, The Australian’s mining reporter

Going by the article, the author and the relationship between Rupert Murdoch, Michael Bloomberg and KoBold, it seems KoBold came in with an initial very very low-ball offer.

Here’s the full article

Perth-based AVZ Minerals’ Congo lithium hopes hinge on US envoy’s talks​

Brad Thompson

AVZ and KoBold representatives want to nail down a deal on the future of the southern portion of the Manono deposit from the talks starting on Tuesday.

If all goes well, AVZ could on-sell the Manono interest for up to $US1.5bn ($2.38bn) plus a royalty. But there is no assurance of any outcome, favourable or otherwise.

A deal will depend on the US standing up for AVZ’s legal claim over Manono, which AVZ has separately tried to assert through international justice. It is understood California-based KoBold wants to see AVZ “appropriately compensated” for Manono.

The US has indicated it is willing to back AVZ retrieving the southern licence to minimise antagonising China.

KoBold first cast its eye over the southern part of the deposit last October. It was invited to assess the disputed project by DRC-owned mining company Cominiere, which is involved in a legal battle over the asset with AVZ.

The US wants any sale by AVZ to not be complicated by residual links to China’s CATL – the world’s biggest electric vehicle battery manufacturer, which in January provided $20m in funding to AVZ to help the company finance the legal battle for Manono. It is understood both the US and KoBold favour a change of ownership based on the DRC and AVZ discontinuing legal action.


From the article above we can see the following

1) KoBold came in with even a lower low-ball offer than we gave them credit for

2) Cominiere invited KoBold to illegally trespass on our camp

3) The US wants us and the DRC to drop all arbitration when we have won all cases

I hope this makes shareholders even more determined to bring on the ICSID arbitration and Nigel more determined to get us a fair price

 

[JAG]

Amazing what saving bits of information can lead to? Ok, but how so in this case? Amazing that it leads you to reshare and rehash an old article that was widely discussed in late March?

Is this you discovering about the reported $US1.5b offer for the first time? Have you been asleep all this time or just under the influence tonight lol? Come on Dave. Get sober

Fuck off Shane!!!!!

 

[JNRB]

View attachment 84606

"...once the ink dries on the contract..."

The sort of language you use when things are pretty far progressed.

 

[Samus]

Fuck off Celestine Kibeya!!!!

Is that how you do it? Is that how you get on board this brain-dead, moron trend of accusing random posters of being detractors and getting it totally wrong?

 

[JAG]

Fuck off Celestine Kibeya!!!!

Is that how you do it? Is that how you get on board this brain-dead, moron trend of accusing random posters of being detractors and getting it totally wrong?

 

[JAG]

Says it all!!! Bye bye

 

[Samus]

Oh, good one Lisette Kabanga. We all know it's you

Am I doing it right?

Never takes long for the troll to come out with you blow-ins!

 

[cruiser51]

Stop, take a breath and use your brain.

Let me put it to you like this. If you guessed my identity correctly with such limited information then you are MUCH more clever than what I am.

If you got it totally wrong then you are much dumber than what I am. I suppose I am the only one that knows for sure lol

Oh noooo
It's the winker!!!!

 

[Carlos Danger]

"...once the ink dries on the contract..."

The sort of language you use when things are pretty far progressed.

Deal is done imo

KoBold aren’t putting out an announcement titled ‘KoBold Metals to Acquire AVZ's Interests in the Manono Lithium Deposit in DRC’ with a document signed by Nigel that says that they and AVZ are ‘working with all possible speed to conclude the commercial agreement’ unless valuation negotiations are complete

The $6.2b USD question is what is the price

 

[BRICK]

Stop, take a breath and use your brain.

Let me put it to you like this. If you guessed my identity correctly with such limited information then you are MUCH more clever than what I am.

If you got it totally wrong then you are much dumber than what I am. I suppose I am the only one that knows for sure lol

Is that you hoots?

 

[JohnJoyce]

You could tell in old mates voice that the deal was done. Matter of time

 

[Azzler]

Now we have the little gimp midget boy laugh reacting sheepishly when he realised that he was just rehashing information that everyone already knew. I interpret that as laughing at his own stupidity.

Anyone that believes that I am Shane is likely to be special needs. Go and do that childish shit to Yaseen like you did a few months ago.

I have been here since the start. Since before the Shane issues. Since the times when moneybags was talking tough and then got called out and challenged to a boxing match for charity. I remember him then shitting himself and backing down because he was just a very small, scared and decrepit old man who can only talk tough behind his keyboard.

So enough with these comments that derail the thread.

@zeeb0t I wish you would check your emails so I could get access to my old account and not have issues from every idiot who sees the emerged status and has a complete mental breakdown.

You're an unwelcome fuckwit and no one cares whatever the fuck you're mashing into your keyboard.
Eat shit moron.

 

[Azzler]

Yea that's why you all constantly repost and share my stuff on here and say how much I have done to expose corruption in the DRC. Just too dumb to know who it is.

What an amazing cool story.

 

[PhatCatz]

Deal is done imo

KoBold aren’t putting out an announcement titled ‘KoBold Metals to Acquire AVZ's Interests in the Manono Lithium Deposit in DRC’ with a document signed by Nigel that says that they and AVZ are ‘working with all possible speed to conclude the commercial agreement’ unless valuation negotiations are complete

The $6.2b USD question is what is the price

You reckon? If you take the KoBold announcement in face value I’d agree. But AVZ released a follow up that was fairly clear a move setting up guardrails with clear mentions of non binding agreement.

I think KoBold were using its media sway to assert pressure on the AVZ board and DRC Government for self interest reasons. The good old “you’re so close to the holy grail all you have to do is reach out and grab it” temptation move. I think Nigel and board have taken it on board, Processed it, and keeping quiet as they negotiate further. They ain’t gonna bend over at the 12th hour when AVZ hand is the strongest it’s ever been!

 

[Papst]

While royalties could definetly materialise in a more appropiate compensation for our investment, I somehow don't feel comfortable making such deal with Kobold. They might just sell our deposit even further and we end up with roalties from Kobold but not from the Manono deposit?
Anyway, just jumping after shadows at this point in time...