Bin59
Regular
Im not sure if this lengthy article has been posted already (ignore $ in the heading)There’s been no mention of CATH amongst the various odours I sniff on the winds but as is stated in various Announcements from the BoD, CATH's position is mentioned along with all shareholders as part of their efforts to gain a respectful outcome. (I didn’t get a mention though)
e.g.
it remains open to constructive dialogue with the parties, to agree a
suitable commercial outcome for AVZ shareholders, where its legal rights and
existing commercial relationships are respected
There could well be a lot of white noise going around to deodourise the atmosphere, and I wouldn’t rule them out entirely

KoBold Metals Secures Historic $150 Million Congo Lithium Deal
Discover how AI-driven KoBold Metals, backed by Bezos and Gates, secured Congo's massive Manono lithium deposit amid global rivalry.
One section:
What's Next for the Manono Lithium Project?
The immediate next steps include KoBold's application for exploration licenses and the DRC government's appointment of an envoy to facilitate the acquisition process by July 31, 2025. Following these initial steps, the focus will likely shift to resolving the outstanding legal disputes and beginning technical work to advance the project toward development.The resolution of legal challenges will be particularly critical, as it will determine whether KoBold can proceed with development or faces continued uncertainty about ownership rights. The government-appointed envoy will play a key role in facilitating negotiations between the various parties.
Once legal issues are addressed, KoBold will need to conduct detailed feasibility studies, secure project financing, and develop plans for mining, processing, and transportation infrastructure. Each of these stages involves its own challenges and timelines.
The timeline for actual lithium production will depend on how quickly these preliminary matters can be resolved and the scale of development KoBold ultimately pursues. Based on comparable mining projects, production might begin in the late 2020s at the earliest.
Another section:
What Steps Must Be Taken to Finalize the Manono Acquisition?
Immediate Deadlines and Requirements
The agreement establishes clear timelines for moving forward:- KoBold must apply for exploration licenses covering the designated areas before July 31, 2025
- The DRC government will appoint an envoy to facilitate the Manono acquisition by the same deadline
Resolving Existing Legal Disputes
For the deal to proceed smoothly, the Congolese government has committed to "support KoBold's initiative to buy and develop the Roche Dure deposit at Manono" and resolve the disputes that have delayed the project's development.This commitment suggests potential government intervention in the ongoing legal battles, though the specific mechanisms for resolving these disputes remain unclear. Options might include:
- Financial settlements with existing claimants
- Joint venture arrangements
- Regulatory interventions to clarify ownership rights
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