AVZ Discussion 2022

[tolate]

DeBoss can give him a headbutt this time around.

View attachment 89268

Who is that KOJAK and BRUCE having a chat...!...imo
Thanks for sharing, who are the cowards in the corner...imo
Nice pictures...THANKS for that..!

 

[Cumquat Cap]

DeBoss can give him a headbutt this time around.

View attachment 89268

Leonard did not refute the fact that he is Tolate at this interaction. He is scum of the earth

 

[Doc]

only one coward in the pics that I can see, and he's sitting down....IMO....THANKS..!

 

[Mute22]

DRCongo, Rwanda outline deal on mining, economic cooperation — US

A peace agreement reached in June aimed to end decades of conflict in eastern Congo. It was overseen by Washington, which has sought to increase its access to the region's vast mineral wealth.

www.newvision.co.ug

 

[Retrobyte]

In the DRC, Chinese and American companies race for lithium

At the Manono Mining Office, a dusty room with boarded-up windows, the local representative of the Ministry of Mines, Jean Kimbasenga, tried to remain philosophical. "For now, we're waiting for industrial operations to arrive," said the cheerful man in his 40s, wearing a cowboy hat. "Until they do, unemployment will continue to run rampant."

Until a few weeks ago he was wearing one of these

 

[tolate]

I wish i was MATH, and i would have the NORTH and the SOUTH...!..imo

Who was the ADVOCATE for a WEEK...LMAO..!..imo

 

[tolate]

Lets all stick with the subject AVZ...imo..!

If no one has seen this out in the last day or SO in the media...!...imo

AVZ boss ‘hell-bent’ on getting best deal for Congo lithium project​

Former $4.6bn lithium company’s fate hangs in the balance as US-China tensions escalate over control of a major African minerals project.

 

[Flight996]

While KoBold remains the DRC's golden child, and its contract with the DRC to explore and develop the southern part of Manono (Roche Dure) remains in place, alternative bidders may find it difficult getting a foot in the door. Unfortunately, the DRC may block them in order to save face, consolidate the DRC-KoBold deal and further isolate AVZ Minerals.

I do not know the terms of the DRC-KoBold deal, particularly the length of any exclusivity period (if any) where KoBold is shielded from higher offers while it negotiates with AVZ MInerals, but if anyone has that information please advise.

This saga still has a way to run, but Nigel's recent published interview was a watershed moment that will make the DRC thieves and US opportunists rethink their cavalier negotiating strategies. I think it was a great initiative, and Nigel's strong reference to his fiduciary duties deserves respect.

For far too long AVZ has been played because it chose to not comment publicly while making concessions in order to engage with a totally corrupt regime and an intransigent KoBold. Thanks to that article, the situation is changed. Both the DRC and KoBold are on notice that AVZ Minerals' assets are not for sale at fire-sale prices.

Finally, AVZ retains the moral high ground, has DLA Piper in its corner, fully funded ICC and ICSID arbitrations underway, and now a different engagement strategy. Let's see what happens over the next month or so as the DRC's special envoy attempts to untangle this mess and get some clear negotiating air.

Cheers
F

 

[hedrox]

The way I interpret the current DRC/USA comments, the article and Nigel's comments is that AVZ sell it to the Highest US bidder or continue Arbitration with funding from Cath. I don't think the DRC will allow Cath or a Chinese entity to have Roche Dure as they need to US Commerical agree

While KoBold remains the DRC's golden child, and its contract with the DRC to explore and develop the southern part of Manono (Roche Dure) remains in place, alternative bidders may find it difficult getting a foot in the door. Unfortunately, the DRC may block them in order to save face, consolidate the DRC-KoBold deal and further isolate AVZ Minerals.

I do not know the terms of the DRC-KoBold deal, particularly the length of any exclusivity period (if any) where KoBold is shielded from higher offers while it negotiates with AVZ MInerals, but if anyone has that information please advise.

This saga still has a way to run, but Nigel's recent published interview was a watershed moment that will make the DRC thieves and US opportunists rethink their cavalier negotiating strategies. I think it was a great initiative, and Nigel's strong reference to his fiduciary duties deserves respect.

For far too long AVZ has been played because it chose to not comment publicly while making concessions in order to engage with a totally corrupt regime and an intransigent KoBold. Thanks to that article, the situation is changed. Both the DRC and KoBold are on notice that AVZ Minerals' assets are not for sale at fire-sale prices.

Finally, AVZ retains the moral high ground, has DLA Piper in its corner, fully funded ICC and ICSID arbitrations underway, and now a different engagement strategy. Let's see what happens over the next month or so as the DRC's special envoy attempts to untangle this mess and get some clear negotiating air.

Cheers
F

But why is mister Pei and a Kobold representative in Perth is the question ?
CATH / Kobold JV may be ?

 

[Flight996]

But why is mister Pei and a Kobold representative in Perth is the question ?
CATH / Kobold JV may be ?

I suspect that you may be right.

KoBold is pretty-much just an exploration vehicle. Despite being reminded ad-nauseam about its rich-lister members, I doubt its pockets are sufficiently deep to fully fund the purchase and development of Manono, including an hydroxide or carbonate plant.

A three-way tie-up that spreads the funding load seems sensible.

(Pei apparently has 60% ownership of CATH. That's why he's there too).

Cheers
F

 

[Hodlandwin69]

But why is mister Pei and a Kobold representative in Perth is the question ?
CATH / Kobold JV may be ?

Seems unlikely to me if USA concerned about China's dominance to then go into partnership with them. Especially Trump's anti-china stance.

Mr Pei and Kobold are in Perth because Mr Pei is trying to protect his investment. Although some news articles are somewhat hyperbole, it really is China vs USA, AVZ is the dealer and caught in the middle in a 3 way, hopefully they (we) enjoy it

 

[Skar]

To me what is interesting is AVZ/Manono is on very few peoples radar. I would consider these guys to be the most mainstream lithium voice and absolute FA about it. They even talked about M&A and didn't mention kobold.



Would be good to see revised figures from AVZ. Would be better if DRC just granted the ML.