"KoBold Metals, a U.S.-based mining exploration company, has announced a deal to buy Australian AVZ Minerals Ltd.’s stake in a contested lithium project in the Democratic Republic of Congo."
So what's the deal FFS !!!! The same article repeated over and over again by, late to the party, lazy f--king journo's .
5. What does the United States plan to do to strengthen security? Answer: The United States is considering establishing strategic bases in the DRC.However, no American troops will be deployed. Only instructors, specialists, and military advisors will accompany the Congolese army to strengthen its capa
Sounds like the press release first announcing the US arrival in Vietnam. If Felix believes that then he'll believe the Dragons can win the comp this year. Strategic bases require troops for protection. Lots of troops is how the US rolls.
Have a mate who insists part of Trump's plan for DRC is building prisons for illegal US immigrants. Heard Marco Rubio saying the US were looking much further afield than El Salvador to hold 'bad guys'.
Looks like Felix is in for a wild ride dancing to Trump's tune. Muppet now has no other choice if he want to survive lol.
I am actually hoping one doesn't get announced until everything is sorted end of June... the only reason to announce now would be to try to entertain other offers. If he is keeping it quiet waiting for all the milestones, I am hopeful the deal is so favourable he doesnt want to risk offsetting anything and is just waiting for the last domino and its all sealed up so he can announce it to SH and show us all just what his idea of fair value is... given how enthusiastic he has historically been if he changes his tune, yeah we will be out for blood.
China has announced a ban on all brown bag transactions and this applies retrospectively, including the ones handed over to DRC officials.
In addition as a sign of good faith, the Chinese government will compensate AVZ for the loss of earnings and cancellation of the mining decree. The compensation figure announced is $20 trillion which will be deposited into AVZ‘s bank account by COB Monday 2nd June 2025.
In other news, DRC officials including the President and his cabinet have admitted guilt for all corrupt activities and as a show of good faith and in the interests of the AVZ and DRC partnership, the DRC government has handed all mining rights for the country’s entire lithium deposit to AVZ.
Zijin is splitting lithium and gold into separate entities.
My made up news: I think its a liability strategy and they are scared because the lithium arm is going to get fisted in the court cases if the Kobold AVZ deal doesn't go through.
He has previously said he is trying to temper SH expectations to realistic numbers, my thing is why not let people decide themselves what they believe fair value, top 20 are the ones with most power anyway, the only other reason I can imagine is some people don't want the bod to feel pressured and potentially miss out on doing a deal, which I can't see happening, bod know what they're doing and have been through the shit, they'll be wanting best price they can get. Don't get having a go at people's price expectations
Talking about understanding country risk and him having huge shares makes him smart. Brah… if anything you’re a dumbarse for investing so much into this fucking thing .
Going by his post those with small shares are the smart ones. Actually scrap that… those with no shares are! Absolute .
I’ve never spoken to Jens but gee he comes across as an elitist POS.