AVZ Discussion 2022
- Thread starter GazDix
- Start date
LOCKY82
Regular
Nobody is paying top dollar for this until our case is unbeatable, why would they, it makes sense as frustrating as it it is, if you are a company you're not going to offer more than you need to depending on the situation, we have to ride this out! They want investor fatigue and for us to run out of money. It's not easy at all but hang in there 
Manono Lithium Project: DRC’s 400Mt Strategic Resource Development
Discover the Manono Lithium Project, one of Africa's largest undeveloped lithium deposits in the DRC's mineral-rich interior.
A mish-mash of public domain info and AI hallucinations.Manono Lithium Project: DRC’s 400Mt Strategic Resource Development
Discover the Manono Lithium Project, one of Africa's largest undeveloped lithium deposits in the DRC's mineral-rich interior.discoveryalert.com.au
Carlos Danger
Top 20
AI really stands for amplified intelligence. The person asking it questions still needs to know what the fuck they are talking about or the robot will just make up shit and it will go unnoticed imoManono Lithium Project: DRC’s 400Mt Strategic Resource Development
Discover the Manono Lithium Project, one of Africa's largest undeveloped lithium deposits in the DRC's mineral-rich interior.
Last edited:
Carlos Danger
Top 20
ICSID dates have never been published except by 9card on this forum. I notice there seems to be the impression on the crapper based on AI research that there is some sort of negotiation about ICSID dates going on. ICSID rules are very clear. Available for anyone that's not a robot to read whenever they like. Clearly states that the modified procedural calender must be set by the tribunal BEFORE suspension begins.
Chapter VIII: Suspension, Settlement and Discontinuance | ICSID
Chapter VIII: Suspension, Settlement and Discontinuance
Rule 54: Suspension of the Proceeding(4) In its order suspending the proceeding, the Tribunal shall specify:
(a) the period of the suspension;
(b) any relevant terms; and
(c) a modified procedural calendar to take effect on resumption of the proceeding, if necessary.
Last edited:
Carlos Danger
Top 20
It's officially Friday so I'll get the party started
'The rescheduled ICSID initial hearing date is imminent'
- Nigel probably
Saved you a trip to Perth
Spikerama
Regular
Even though our brains may be fading, it's good to see some jokes never get old.
In November 2021, at the DRC-Africa Business Forum during the lithium price surge and six months before AVZ delisted, Félix Tshisekedi presented his country as Africa's ideal high-tech/battery manufacturing hub...noting his country's vast mineral resources, well-established mining legislation, business-friendly environment and skilled labour force.
He further emphasised his country's competitive advantage in the electric vehicle battery value chain as "...the most competitive destination for investments in batteries for electric cars."
Fast forward four years, and despite endless spruiking, the DRC remains to same aid-dependent cesspool of corruption, cronyism and grinding poverty. Little of the billions received from (mostly) Chinese mining licences and royalties has found its way to rebuilding the DRC's crumbling infrastructure or desperately needed community projects.
Instead, funds are skimmed before they get to treasury, wasted on pet political projects or simply pilfered by Felix and his entourage of like-minded kleptocrats.
Despite confidence returning to the LCE market, and spot prices again climbing past $US8,000/t, it is not surprising that potential suitors for AVZ's Manono assets remain nervous about the DRC, and are prepared to offer only a proportion of Manono's true value. Until there is certainty around ownership of Manono's mineral rights, potential suitors will probably keep their hands and their money in their pockets.
Cheers
F
He further emphasised his country's competitive advantage in the electric vehicle battery value chain as "...the most competitive destination for investments in batteries for electric cars."
Fast forward four years, and despite endless spruiking, the DRC remains to same aid-dependent cesspool of corruption, cronyism and grinding poverty. Little of the billions received from (mostly) Chinese mining licences and royalties has found its way to rebuilding the DRC's crumbling infrastructure or desperately needed community projects.
Instead, funds are skimmed before they get to treasury, wasted on pet political projects or simply pilfered by Felix and his entourage of like-minded kleptocrats.
Despite confidence returning to the LCE market, and spot prices again climbing past $US8,000/t, it is not surprising that potential suitors for AVZ's Manono assets remain nervous about the DRC, and are prepared to offer only a proportion of Manono's true value. Until there is certainty around ownership of Manono's mineral rights, potential suitors will probably keep their hands and their money in their pockets.
Cheers
F
Last edited:
PutUsernameHere
Regular
Apologies if it's been mentioned recently, but when does the framework agreement expire/did it have an expiry? Or was it indefinite until either party terminated the agreement? Just can't remember
Carlos Danger
Top 20
It was non binding lolView attachment 92604
Apologies if it's been mentioned recently, but when does the framework agreement expire/did it have an expiry? Or was it indefinite until either party terminated the agreement? Just can't remember
PutUsernameHere
Regular
Yeah, so I'm not really sure what they're on about saying it's expiring then. Just more misinformation.
Why did Kobold acknowledge AVZ's legal rights ? Why did kobold commit $1 Billion usd to the development of Roche Dure? Has a deal already been done between Kobold /DRC ? Meaning Kobold (other than Zijin ) are the only horse allowed in this race ?
Last edited:
What's this Partnership ? A Partnership in what? Isn't Kobold an explorer ? Don't they need to find something first ? Chances are they will find SFA . So a partnership in SFA . What's Kobold waiting for ? They have the backing of the DRC government . The President has said it himself .So make an acceptable offer FFS.
Last edited:
After failing to secure RD Kobold has been granted exploration leases around Manono. They have also undertaken to upgrade and digitise DRCs Mining Cadastre. There's a third element of their deal with DRC but can't remember.
Similar threads
