thegh0stwithin
Regular
Thought I would throw the cat amongst the pigeons on the crapper..
Hi Beishe ,Hi Obe wan
" 13359 has been cut at the last bore collar carried out by AVZ on Carrier "
Does this " adjustment " effect the CDL project as a whole ?
Or does it effect other prospects outside of CDL ?
Where i am coming from, if we have Roche Dure and CDL, do we really need anything else ?
Those 2 projects alone will have a LOM of 100yrs plus .
imo
Wow, this is unbelievable, so not only is Zijin trying to score a sneaky 15%, we are also getting our main prize CDL cut as well, purportedly 3 / 4 times the size of Roche Dure......wtf ?Hi Beishe ,
‘Does this " adjustment " effect the CDL project as a whole ?’
Yes indeed it would ; currently the bulk of the northern / CDL zone is blank on the CAMI website ; it’s been cut at the last bore collar ; AVZ can obviously prove work has been carried out on site at least up to the physical location of that last bore …. Past that ; it’s likely that they can’t ; before , that wouldn’t have actually mattered as it all fell under the 13359 umbrella ; but this has obviously changed for this particular project and imo this is the holdup.
If AVZ can get the northern section signed up with an exploration licence then off we Trott …. (No doubt with a load of speed bumps along the way ) ; if not and it’s decided that exploration licence is magically let opened up again ; well what do you think they chances of AVZ getting it again and I’m pretty sure that it would land in the palms of an entity aided by Klaus , Cong and Co.
The extensions 4029 and 4030 … I think those are probably most at risk of being pulled from under AVZ by Klaus and Co as I don’t think any work has been carried out on the extensions . I’d be surprised if 4029 isn’t being targeted …. 13359 has likely been targeted under ‘ a chance’ ; it’s bloody odd how 13359 was cut and Northern left blank.
If DLA piper know their stuff then they should be able to pull it in order at least for 13359
I would be happy to get out of this shit show for $1.50 too and move on. But, 1) China won’t offer that, maybe 50c and 2) would likely still be blocked by Australian Govt? (Maybe not now Labor in - friends of China?).And hence the reason I say two things:
1/WE CANNOT TRADE UNTIL ABSOLUTELY ALL UNCERTAINTY IS PUT TO REST, for obvious reasons, and if we do trade without these concerns all being dealt with then you can also guarantee going forward management think it's fine to leave a huge pile of shit hanging in the air
2/if you can't put it ALL to rest without any doubt, then sell it all $1.50+
too much uncertainty, in fact the entire company is based on uncertainty atm, and we all know at least a fair portion of that uncertainty will remain come 1st July.....Sincerely hope I'm wrong, as I'd be a happy man indeed
Wow, this is unbelievable, so not only is Zijin trying to score a sneaky 15%, we are also getting our main prize CDL cut as well, purportedly 3 / 4 times the size of Roche Dure......wtf ?
What a bunch of cut throat, thieving mongrels AVZ is involved with, how on earth can you work in harmony and prosperity long term when you have knives pointed at your back at every turn ?
I need a bex.
Ooooft!All, It is what it is......whatever happens, happens....totally out of our hands, so as I always say....sit back and enjoy life with a small Greek snack
View attachment 10221
OMG!
It’s just my thinking on it Beisha , may not be the case; but the decree popped out and should have just been awarded to Dathcom which has a partner holding over 51% irrespective if zijin took the 15% or not ; as we’ve notified within the last ann the zijin thing isn’t anything to do about the initial TH, that ML should have come out with a grant across the entire tenement as the Application was for ‘13359’ ; although one could probably argue that as the size of the resource became known , CAMI thought it best to run the split due to potential environmental concern and AVZ would need to run a separate application for the Northern area ; I do see that as a pretty valid point if thats the case, as nothing was probably looked into with regards to enviro etc up part the last bore and in the end of the day there’s going to be some pretty major mining operations going on in that area. CAMI may also claim that the Northern zone would potential be left on slow cook too long , whilst Dathcom try to get their mouth around Roche Dure which is a massive project in itself.Wow, this is unbelievable, so not only is Zijin trying to score a sneaky 15%, we are also getting our main prize CDL cut as well, purportedly 3 / 4 times the size of Roche Dure......wtf ?
What a bunch of cut throat, thieving mongrels AVZ is involved with, how on earth can you work in harmony and prosperity long term when you have knives pointed at your back at every turn ?
I need a bex.
If I had to chill anymore, I'd be off to the morgue
I’m waiting on you guys for a great thread title.Righto
So some people are willing to sell for $1.50 a share now days… wtf
You crazy ???
Media beaten you down ?
Had enough? Need the money ?
FFS.
I’d be more worried if TOP 20 starts bailing with those announcements.
Chill out & wait until the 1st for the announcement
Cashcity
*Ditto Bro, To Remind,
View attachment 10223
Food for thought on the Road to Mining Manono
How's that new Top 5 Crapper Post coming along $Cash
Frank
View attachment 10224
Ahh I see what you did there , AVZ -Road To Mining Manono…I’m waiting on you guys for a great thread title.
was that Grinspoon?Ok ok ok bit off subject ..nothing like a little Ginspoon @ Optus…go the BLUES
Top20 , that’s something I’d actually wouldn’t mind getting a look at ….the last update on that front was back in FebRighto so some people are willing to sell for $1.50 a share now days… wtf
You crazy ???
Media beaten you down enough?
Had enough?
Need the money ?
FFS. I’d be more worried if TOP 20 starts bailing with those announcements.
Chill out & wait until the 1st for the announcement
GLTAH
ML for Roche Dure Resource 401 Mt @ 1.65% Li2O (spodumene) ▪ Reserves 132 Mt @ 1.63% Li2O (Reserve LoM 29.5 years2 ) ▪ Homogenous in grade with shit loads of upside will do for starters . Flick it to the highest bidder and we can all move on .Hi Beishe ,
‘Does this " adjustment " effect the CDL project as a whole ?’
Yes indeed it would ; currently the bulk of the northern / CDL zone is blank on the CAMI website ; it’s been cut at the last bore collar ; AVZ can obviously prove work has been carried out on site at least up to the physical location of that last bore …. Past that ; it’s likely that they can’t ; before , that wouldn’t have actually mattered as it all fell under the 13359 umbrella ; but this has obviously changed for this particular project and imo this is the holdup.
If AVZ can get the northern section signed up with an exploration licence then off we Trott …. (No doubt with a load of speed bumps along the way ) ; if not and it’s decided that exploration licence is magically let opened up again ; well what do you think they chances of AVZ getting it again and I’m pretty sure that it would land in the palms of an entity aided by Klaus , Cong and Co.
The extensions 4029 and 4030 … I think those are probably most at risk of being pulled from under AVZ by Klaus and Co as I don’t think any work has been carried out on the extensions . I’d be surprised if 4029 isn’t being targeted …. 13359 has likely been targeted under ‘ a chance’ ; it’s bloody odd how 13359 was cut and Northern left blank.
If DLA piper know their stuff then they should be able to pull it in order at least for 13359
Zi Gin tastes a bit off, folks. Which Gin did Cheng try to go start a Mining Co. with?Ahh I see what you did there , AVZ -Road To Mining Manono…