Mr Inappropriate
Regular
I thought that Antoinette was shown the door amid a hint of corruption - did something change, or are my recollections poor?What's the award for? doing a shit job extremely slowly?
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Nellie17
Regular
G'day John, in my opinion Nigel & the board have been and are in a very awkward position with what they have been able to come out and say while we have been in suspension. Nigel has had to play his cards very close to his chest so not to give away the path he is going down to our 'opposition'!Come the 15/8 we’ve been in suspension for 14 F***ing Weeks & still nothing from Nigel (is he still around) or the ASX for a please explain for we are a top 200 ASX company .Back in Dec/Jan ,Nigel stated it was only a matter of days before a ML was to be granted …why arent we trading …accordingly we own anywhere between 51-75% …our money is tied up for what reason …We need the cold hard facts ,i think we deserve it …Lit stocks are starting to rise now …thanks for saving us on the slump but if we hold majority % why arent we trading …Sorry im a simplistic /patient person but my PATIENCE has worn awfully thin.FFS Nigel come out from under that rock you’ve been hiding & lead from the front ,we’re adults and can handle the truth…Rant over
As for Nigel not leading from the front, I 100% disagree with you. In my opinion, if it wasn't for Nigel's efforts AVZ would more of less been cactus! Hopefully when all this has been sorted out, shareholders will see and realise Nigel's efforts!
Cheers,
Nells
John25
Regular
Ok Nellie accept your post…but Nigel hasnt been sighted for going on 14 weeks ..just some PR pics with locals at the proposed mine site be nice …doesnt have to say a word …as far as we know could be back over here at the Casino betting Red/Black …we should be trading no excuses not to ,at minimum we own 51% majority so lets trade ..be different if these jokers werent payed for 14 weeks
No, we absolutely should not be trading before the issues around the licence/project are sorted out. To start trading prematurely would just be playing right into the hands of the Chinese.
CashKing
Regular
He wasn’t at the casino today mate. Just saying
Boats sold now so I can’t check the waters this weekend also, shitty weather anyway so I doubt he’ll be on the yacht.
I can possibly do a drive by to see if he’s busy renovating the house
Might just leave him a for sale sign in the letterbox to help with the sale IMO…
GLTAH
John25
Regular
Cash …buddy did you check the high rollers roomHe wasn’t at the casino today mate. Just saying
Boats sold now so I can’t check the waters this weekend also, shitty weather anyway so I doubt he’ll be on the yacht.
I can possibly do a drive by to see if he’s busy renovating the house
Might just leave him a for sale sign in the letterbox to help with the sale IMO…
GLTAH
Nellie17
Regular
I can see where you're coming from John, but the word I have it's been heads down and arses up for the past 14 weeks, with Nigel spending the majority of the time in Africa.
Where is he now a poster asked? Well definitely not at the Perth casino!
Cheers,
Nells
CashKing
Regular
Nope because apparently saying I have heaps of cash but it’s all in suspension via ASX etc isn’t worthy of getting let in.Cash …buddy did you check the high rollers room
GLTAH
Frank
Top 20
Come the 15/8 we’ve been in suspension for 14 F***ing Weeks & still nothing from Nigel (is he still around) or the ASX for a please explain for we are a top 200 ASX company .Back in Dec/Jan ,Nigel stated it was only a matter of days before a ML was to be granted …why arent we trading …accordingly we own anywhere between 51-75% …our money is tied up for what reason …We need the cold hard facts ,i think we deserve it …Lit stocks are starting to rise now …thanks for saving us on the slump but if we hold majority % why arent we trading …Sorry im a simplistic /patient person but my PATIENCE has worn awfully thin.FFS Nigel come out from under that rock you’ve been hiding & lead from the front ,we’re adults and can handle the truth…Rant over
*Unfortunately John,
The word of the Day, Week, Month to describe our current situation is Frustrating to say the least, especially when we should be past all this Shit and well on our way to Production and putting that lovely new Crane to work, I hope it's Not sitting there gathering Dust / going Rusty atm, as
Albemarle’s lithium sales surge after supply contracts renegotiated
Albemarle Corp, the world’s largest producer of lithium for electric vehicle batteries, raised its annual forecast on Wednesday and reported a better-than-expected quarterly profit after it renegotiated supply contracts for the metal at higher prices.
The results reflect the rising demand for lithium as the auto industry begins to pivot its manufacturing base toward EVs, a shift that has given significant pricing power to mining companies.
Compared to last year, Albemarle now expects the price at which it sells its lithium to jump at least 225% in 2022 and adjusted profit in its lithium division to rise at least 500%.
“We have shifted our lithium contracting strategy to realize greater benefits from these strong market dynamics,” Albemarle Chief Executive Kent Masters said in a statement.
Shares of the Charlotte, North Carolina-based company jumped 4.4% to $250 in after-hours trading.
The company reported second-quarter net income of $406.8 million, or $3.46 per share, compared with $424.6 million, or $3.62 per share, in the year-ago quarter.
Excluding one-time items, Albemarle earned $3.45 per share.
By that measure, analysts expected earnings of $3.26 per share, according to IBES data from Refinitiv.
Adjusted profit in the company’s lithium division more than quadrupled, though adjusted profit in the catalyst division, which sells to the oil refining sector, fell more than 50%.
Albemarle said its lithium production this year should rise at least 20% and that expansion projects in Chile, Australia, China and the United States are on track or ahead of schedule.
Albemarle rival Livent Corp on Tuesday said that General Motors Co would prepay $198 million for a supply of lithium that will not begin until 2025.
Livent profit jumps on rising lithium prices; 2022 forecast raised
Lithium producer Livent Corp posted a nearly tenfold jump in quarterly profit on Tuesday, and raised its sales and profit forecast for the year due to rising prices of the electric-vehicle battery metal.
The company reported second-quarter net income of $60 million, or 31 cents per share, compared with $6.5 million, or 4 cents per share, in the year-ago quarter.
Livent announced a supply deal with General Motors Co last week. On Tuesday, Livent said that deal includes a $198 million prepayment from GM, to be made this year.
Climate bill would put US back in global race for EV leadership
This week, everyone working on energy and climate issues in the US is intensely focused on the Inflation Reduction Act, looking for smoke signals as to whether it will pass and if any modifications will be made.
The bill is a potential boon to many sectors of the green economy, including electric vehicles. Here are my team’s takeaways on some of the important EV-related aspects of the bill:
www.mining.com/web/climate-bill-would-put-us-back-in-global-race-for-ev-leadership/
Outlook
A sense of scale is important here.The bill would extend EV tax credit availability out to 2032.
Over that period, BNEF expects around 175 million light-duty vehicles will be sold in the US.
As it stands now, a sizable and growing portion of those will be eligible for a tax credit.
There’s lots more to process — BNEF clients can access our full initial take here — but my initial feeling is that the bill, coupled with the stricter fuel-economy regulations the Biden administration is putting in place, should put the US right back in the race for EV leadership.
China is off to a very strong head start, but these are still early days.
Don’t count the US out.
www.mining.com
Food for thought my friend
Hang in there Bro
Frank
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Frank
Top 20
*Ditto Double A,
Not to mention all those Shit for Brains Shorters and BS Bots out there atm
Food for thought
Frank
Carlos Danger
Top 20
So Nigel and the board can employ lawyers to hold press conferences in Kinshasa where they outline AVZ's position in detail. As well as tweet about journalists visiting the Manono site, but they can't update ASX shareholders of these events through official announcements or do an interview (through lawyers if necessary) in English?
Pardon my French but that is merde de taureau
RDC/Mines: "AVZ n'a pas bradé ni pris en otage le projet d'étain et de lithium de Manono", Me Christian Lukusa (Droit de réponse).
À Election-net, nous sommes fiers de fournir des informations précises, opportunes et impartiales sur tous les événements en RDC et au-delà
www.election-net.com
The hold is up with CAMI not issuing the license according to AVZ's lawyers. They called for the personal involvement of President Tshisekedi three weeks ago at the press conference. It seems nothing will happen until he gets involved. We will be in suspension until he or someone else in the government decides to act. Hopefully they do so in our favour. Meanwhile we are very likely to be removed from the ASX200 and possibly the ASX300 for low liquidity over the last six months unless we trade again soon.
If this occurs then we could get every announcement we are waiting for with the BFS saying we will make billions a year and when we open the share price will likely go lower in the short term because funds are forced to sell.
I trust Nigel and the board will make the best decision for long term shareholder value. They have an obligation to and always have so far, but considering this suspension is taking far longer than they anticipated and the risk of being removed from the indices, they should be more transparent with shareholders imo
CashKing
Regular
Biggest poker hand winsSo Nigel and the board can employ lawyers to hold press conferences in Kinshasa where they outline AVZ's position in detail. As well as tweet about journalists visiting the Manono site, but they can't update ASX shareholders of these events through official announcements or do an interview (through lawyers if necessary) in English?
Pardon my French but that is merde de taureau
RDC/Mines: "AVZ n'a pas bradé ni pris en otage le projet d'étain et de lithium de Manono", Me Christian Lukusa (Droit de réponse).
À Election-net, nous sommes fiers de fournir des informations précises, opportunes et impartiales sur tous les événements en RDC et au-delà
View attachment 13358
The hold is up with CAMI not issuing the license according to AVZ's lawyers. They called for the personal involvement of President Tshisekedi three weeks ago at the press conference. It seems nothing will happen until he gets involved. We will be in suspension until he or someone else in the government decides to act. Hopefully they do so in our favour. Meanwhile we are very likely to be removed from the ASX200 and possibly the ASX300 for low liquidity over the last six months unless we trade again soon.
View attachment 13359
If this occurs then we could get every announcement we are waiting for with the BFS saying we will make billions a year and when we open the share price will likely go lower in the short term because funds are forced to sell.
I trust Nigel and the board will make the best decision for long term shareholder value. They have an obligation to and always have so far, but considering this suspension is taking far longer than they anticipated and the risk of being removed from the indices, they should be more transparent with shareholders imo
Winenut
Go AVZ!
It's all a fucking circle jerk
Tax, ownership, takeovers the whole fucking lot
"IF" AVZ has a majority interest in Dathcom then a takeover of AVZ could provide control of the Manono asset
We currently don't know if the fuck AVZ has majority control of Dathcom and therefore by default control over the fucking mining licence
I'm fucking, fucking sick to fucking death of this ownership bullshit!!!!
Sort it the fuck out
If someone wants Dathcom it's possible without FIRB
If someone wants ownership of AVZ then FIRB will be involved
No-one wants ownership of AVZ (and no-one will be trying to take it fucking over) unless it has majority ownership and control of Dathcom....and we still have no fucking clue on that currently
Circle work, fucking circle work, fucking circle work until the FUCKING OWNERSHIP % of DATHCOM is determined and currently that's in the hands of fucking corrupt cnts at Cominiere and the seamingly impotent Govt of the DRC
FFS
Apologies slight rant on a red or two but fuck me
How many times do we have to go over this shit?????
How long do we have to fucking wait to get it sorted????
How long do we have to wait for AVZ, the DRC, FT and the DRC authorities to clear the fucking corrupt fucking mess up!!!???
Don't start me on the arbitration fiasco
Fuck me
Focker out!.......
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Maybe Felix should spend less time gallivanting around the globe and more time focussed on his people and their natural assets, and get things done.
A country that has one of the worst malnourished child populations, but its leader is one of the most obese on the world stage sends a worrying signal.
Does he really care for the people of the DRC, or just his own interests?
Trotters in the trough comes to mind in a few areas.
IMO
Yep, not the best bet to take imhoObe wan if your here mate just stop playing with Gareth …. Come home & stay home
GLTAH
Obe wan could be here full time ......... may not have too much choice
Thunderpony
27 µg per 100 mL
Who knows anything anyway?
Me, I figure the board are all smarter than me, with more inside knowledge.
I'm a simpleton at the best of times, so I can't cast comment of any of this. But I also don't rage-type to vent.
Each to their own.
Me, I figure the board are all smarter than me, with more inside knowledge.
I'm a simpleton at the best of times, so I can't cast comment of any of this. But I also don't rage-type to vent.
Each to their own.
Mickyb64
Regular
Well said Nut, I think that's a very accurate summation of the current situation.
D
Deleted member 1612
Guest
Easy for us to say when our only interest is AVZ and mining Lithium. As important as that is to the DRC, Felix May just have a couple of other things on his plate…
“Goma, DRC – For decades, the Democratic Republic of the Congo has been the scene of one of the world’s longest-running conflicts.
In the latest iteration which began in May, its army has been fighting the M23 rebel group, which is waging its most sustained offensive since a 2012-2013 insurrection when it seized vast swathes of territory.
By area, the vast Central African state is the second-largest country on the continent and the 11th-largest in the world.
That space, especially its mineral-rich eastern region, has been the battleground for more than a hundred armed groups fighting for control of territory there or using it as a base to launch attacks into some of its immediate neighbours – Angola, Burundi, Central African Republic, Rwanda and Uganda.
Consequently, that has led to the death and displacement of many Congolese citizens.
This month, the Norwegian Refugee Council declared the situation in the DRC as the world’s most neglected refugee crisis – for a second year running. At least five million people are internally displaced and one million more fleeing abroad, the aid group said”
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