AVZ Discussion 2022

[Retrobyte]

^^^^^
That kind of money buys a lot of snacks

 

[TDITD]

https://www.news.com.au/finance/economy/china-forgives-debt-for-17-african-nations/news-story/28ab7f45440142634ff8efd0360b2fec

China forgives debt for 17 African nations​

China has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations.

https://www.news.com.au/finance/eco...y/news-story/9a6bee751b0dddc231858a52ba01578a
China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced.
“China will waive the 23 interest-free loans for 17 African countries that had matured by the end of 2021,” Mr Wang said at the Forum on China-Africa Cooperation according to a statement.
He pledged that China would continue to actively support and participate in the construction of major infrastructure projects in Africa through financing, investment and assistance.
“We will also continue to increase imports from Africa, support the greater development of Africa’s agricultural and manufacturing sectors, and expand co-operation in emerging industries such as the digital economy, health, green and low-carbon sectors.”
Mr Wang also pledged that China would provide food assistance to the 17 African nations.
Critics argue China is involved “debt trap diplomacy”, alleging the country issues loans in order to eventually secure strategic international assets.

Chinese President Xi Jinping has been criticised of ‘debt trap diplomacy’. Picture: AFP
South Asian country Sri Lanka granted China Merchants Ports Holdings a 99-year lease on the $US1.5 billion ($A2 billion) Chinese-built deepwater Hambantota Port in 2017 after falling deep into debt.
Kenya, South Africa and Uganda are among numerous African states that have borrowed heavily from Chinese lenders.
According to World Bank data from 2020 cited by Forbes, the African nations with the highest external debt to China as a percentage of gross national income are Djibouti (43 per cent), Angola (41 per cent) and the Democratic Republic of Congo (29 per cent).

---

African countries have also enthusiastically joined China’s transcontinental Belt and Road Initiative to build port, rail and land infrastructure, Beijing’s modern-day Silk Road.
Australia scrapped a deal between Victoria and China for Belt and Road Initiative infrastructure in 2021, calling it “inconsistent with Australia’s foreign policy”.
But the concept of a Chinese “debt trap” has also been criticised, with a study in 2020 finding China had restructured or refinanced about $21 billion of debt in Africa between 2000 and 2019. The study also noted there was no evidence of “asset seizures”and that Chinese lenders had not used courts to enforce payments, or applied penalty interest rates to distressed borrowers.
Meanwhile, Adalberto Costa Junior, a presidential candidate in Angola, has vowed to examine the county’s debt if he is elected.
Angola owes about $90 billion, which will cost it about $8 billion each year in amortisation, according to Bloomberg.
“The amount of real foreign debt is not known,” Mr Junior said in an interview on the weekend.

​

Around $27 billion of Angola’s total debt is owed to China, with the funds used to build roads, hospitals and railway links.
Mr Junior warned that any borrowings not linked to infrastructure projects could be renegotiated.

Looks like we are witnessing a change in tact from the Chinese in Africa. They know the US and Europe are looking for critical minerals and so are now trying to position themselves as saviours. Got to give it to them, they can move fast the buggers. Its going to be an interesting decade to see how it all unfolds in Africa.

 

[webclever]

Nigel securing transportation of Manono Lithium and Tin Project

Full video here:

 

[ptlas]

Will Zijin edit their website / company info about their BS claim 15% of Dathcom ?

I wonder how the Chinese state media / Govt will respond to that if and when they do?...........

I cant see how they can possibly " save face " when their deceipt and corruption is not only exposed world wide , but to Xi and their own people......

If the war drums are accurate, then this is a big to China overall and would add another layer to the fact that China cant be trusted, which hopefully in time, poor and vulnerable countries will resonate with and choose to do business elsewhere and not get trapped in the " BELT & ROAD " programmes,!!

I have said this many times, if every country decided to cease their over reliance with China , much like what is happening with Russia now, then China is fucked........especially now with their debt ratio to GDP being over 300%.

Will the CEO of Zijin be the next Jack Ma ?

View attachment 14632

imo

If you haven't already then read ' Nineteen Eighty-four ' by George Orwell.
The main character works in an office that re- writes all previous publications to fit the current facts/ narrative.
Piss take of Soviet Union but equally applicable to contemporary China (think of the events that didn't happen in Tiananmen Square).
Essentially, they'll either pretend it didn't happen or dress it up as a donation to DRC just like the forgetting of loans.

Would just like to thank the real super sleuths here who have made my busy life easier and are the definition of cooperation and the antithesis of hot crapper.

This time last year, I forecast $1-2 by year end. Think we hit 99c early Jan so in Pommie football parlance I hit the inside of the post.

If what I'm reading should transpire, and I believe it will, then I'm calling $4 in next 6 months.

Thanks again all you Inspector Clouseaus.

 

[MoneyBags1348]

Looks like we are witnessing a change in tact from the Chinese in Africa. They know the US and Europe are looking for critical minerals and so are now trying to position themselves as saviours. Got to give it to them, they can move fast the buggers. Its going to be an interesting decade to see how it all unfolds in Africa.

I'm pretty sure China previously announced writing off African nations debt months ago, so I believe, as some here have said, that they are definitely trying to save face by reiterating this news. I also don't believe the DRC will pimp out the 15% as others here have mentioned, as to me me a few million dollars now doesn't compare to the billions the DRC will make, and it's all thanks to Nigel finding the lithium in the first place.

At the risk of saying this too early.... I was thinking about how the US made a deck of cards out of the Iraq war criminals with Saddam Hussein as the Ace of (something). Anyway, I was thinking there are enough criminals to start an AVZ card deck with the Minister of Portfolio, The DG of Cominiere, The Head of CAMI, Zigin, Cong, Kabila and so on.... then I started to think perhaps even an AVZ board came 'The Road To Manono' or some shit.... you could even throw in characters from shareholders here and on other forums including various tse characters (Wombie and Nells), too many others to mention, bird characters like Frank Fwamba, Constantin Garlas, Jens, Momentum Attorneys, the big guns.... Nigel, the Inspector General of Finance and a few others and we've got ourselves a game, Of course it would take someone with initiative, someone entrepreneurial, someone with experience in making AVZ caps and t-shirts, someone who likes swim suit models.... I just wish I could think of someone with all these qualities?!

For a while now, I've been thinking this is a 20 billion dollar company, time will tell....

 

[Xerof]

Your board game would only have one type of Community Chest card - “go directly to jail, do not pass Manono”

 

[Dazmac66]

If you haven't already then read ' Nineteen Eighty-four ' by George Orwell.
The main character works in an office that re- writes all previous publications to fit the current facts/ narrative.
Piss take of Soviet Union but equally applicable to contemporary China (think of the events that didn't happen in Tiananmen Square).
Essentially, they'll either pretend it didn't happen or dress it up as a donation to DRC just like the forgetting of loans.

Would just like to thank the real super sleuths here who have made my busy life easier and are the definition of cooperation and the antithesis of hot crapper.

This time last year, I forecast $1-2 by year end. Think we hit 99c early Jan so in Pommie football parlance I hit the inside of the post.

If what I'm reading should transpire, and I believe it will, then I'm calling $4 in next 6 months.

Thanks again all you Inspector Clouseaus.

Jesus - $4, I'LL be happy if you're half right. The whales will be jumping like a school of mullet! Can someone post a whale jump just for fun please. I miss them terribly.

 

[Retrobyte]

Your board game would only have one type of Community Chest card - “go directly to jail, do not pass Manono”

And instead of train stations there would be hydro electric power stations

 

[Goat]

I'm pretty sure China previously announced writing off African nations debt months ago, so I believe, as some here have said, that they are definitely trying to save face by reiterating this news. I also don't believe the DRC will pimp out the 15% as others here have mentioned, as to me me a few million dollars now doesn't compare to the billions the DRC will make, and it's all thanks to Nigel finding the lithium in the first place.

At the risk of saying this too early.... I was thinking about how the US made a deck of cards out of the Iraq war criminals with Saddam Hussein as the Ace of (something). Anyway, I was thinking there are enough criminals to start an AVZ card deck with the Minister of Portfolio, The DG of Cominiere, The Head of CAMI, Zigin, Cong, Kabila and so on.... then I started to think perhaps even an AVZ board came 'The Road To Manono' or some shit.... you could even throw in characters from shareholders here and on other forums including various tse characters (Wombie and Nells), too many others to mention, bird characters like Frank Fwamba, Constantin Garlas, Jens, Momentum Attorneys, the big guns.... Nigel, the Inspector General of Finance and a few others and we've got ourselves a game, Of course it would take someone with initiative, someone entrepreneurial, someone with experience in making AVZ caps and t-shirts, someone who likes swim suit models.... I just wish I could think of someone with all these qualities?!

View attachment 14638

For a while now, I've been thinking this is a 20 billion dollar company, time will tell....

$20B? Come on... it's way more than that. If the likes of ALB and SQM are pumping out inferior quality, higher cost extraction and a lot less spod and are trading at $20-30B then AVZs potential is at least that once they start mining and possibly double/triple before 2030

 

[Dijon101]

More like a game of snakes and ladders.
But with more snakes and no fucking ladders.

 

[TDITD]

chance cards could be called 'snacks'. You could throw in events that have happened too
"the CEO throws a hissy fit and dumps everything on the market as he leaves, give half your $ back to the bank"
"you bump into Simon Cong who offers you $$, take $$ and lets hope you dont get caught"

 

[John25]

Maybe time to put the Champagne back in the ICE for the ML

 

[cruiser51]

You mis-read my response to you.

Please provide to this forum your evidence from a credible source to back up your claim that AVZ requires DRC govt approval before it can inform its shareholders.

Cheers
F

As mentioned before, don’t expect AVZ to make ASX announcements based on twitter stories.
They would need a full time ASX announcer.
Just imagine Nigel having to respond to every story written by the geist or under any of his aliases

 

[John25]

Ok ok ok ..back to the board game …if you land on the Vent square ,you get 20 second to say Fuck as many time as possible..prizes donated by Nut &MB ,gotta have the Easter egg bonnet parade square plus the free SPIN ..Super Ninja square …im an ideas Man

 

[Bin59]

chance cards could be called 'snacks'. You could throw in events that have happened too
"the CEO throws a hissy fit and dumps everything on the market as he leaves, give half your $ back to the bank"
"you bump into Simon Cong who offers you $$, take $$ and lets hope you dont get caught"

Don’t forget to include the fruit bowl in your snack cards

 

[Bin59]

 

[Sammy_da_Smile]

IMO I expect to see announcements and trading late this week, if some additional clarity around this item or anything else arrives prior, I'd be happy to share. IMO the northern section is likely renewed for 5 years under an EL as per AVZ announcements. I say likely as I haven't focussed on this recently and had any independent / third party confirmation on this specific item. Although, if all issues are resolved then there should not be any surprises. It would be pretty strange to issue the northern section to a third party or not award to Dathcom when the whole boundary area surrounding the original EL is locked in and registered under AVZ. All this of course doesn't mean there isn't some last minute shenanigans and change for some reason. IMO ML should be issued on the area that the DFS speaks too, and balance of area re-issued under EL for further exploration. If any info contrary to this comes to light prior to announcements expected this week, as I said, I'm happy to share.

Cheers The Fox

Hey mate, not sure if you saw my post the other day but it is under renewal now for CDL.

 

[Sammy_da_Smile]

https://www.news.com.au/finance/economy/china-forgives-debt-for-17-african-nations/news-story/28ab7f45440142634ff8efd0360b2fec

China forgives debt for 17 African nations​

China has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations.

https://www.news.com.au/finance/eco...y/news-story/9a6bee751b0dddc231858a52ba01578a
China will forgive 23 loans for 17 African nations, China’s foreign minister Wang Yi has announced.
“China will waive the 23 interest-free loans for 17 African countries that had matured by the end of 2021,” Mr Wang said at the Forum on China-Africa Cooperation according to a statement.
He pledged that China would continue to actively support and participate in the construction of major infrastructure projects in Africa through financing, investment and assistance.
“We will also continue to increase imports from Africa, support the greater development of Africa’s agricultural and manufacturing sectors, and expand co-operation in emerging industries such as the digital economy, health, green and low-carbon sectors.”
Mr Wang also pledged that China would provide food assistance to the 17 African nations.
Critics argue China is involved “debt trap diplomacy”, alleging the country issues loans in order to eventually secure strategic international assets.

Chinese President Xi Jinping has been criticised of ‘debt trap diplomacy’. Picture: AFP
South Asian country Sri Lanka granted China Merchants Ports Holdings a 99-year lease on the $US1.5 billion ($A2 billion) Chinese-built deepwater Hambantota Port in 2017 after falling deep into debt.
Kenya, South Africa and Uganda are among numerous African states that have borrowed heavily from Chinese lenders.
According to World Bank data from 2020 cited by Forbes, the African nations with the highest external debt to China as a percentage of gross national income are Djibouti (43 per cent), Angola (41 per cent) and the Democratic Republic of Congo (29 per cent).

---

African countries have also enthusiastically joined China’s transcontinental Belt and Road Initiative to build port, rail and land infrastructure, Beijing’s modern-day Silk Road.
Australia scrapped a deal between Victoria and China for Belt and Road Initiative infrastructure in 2021, calling it “inconsistent with Australia’s foreign policy”.
But the concept of a Chinese “debt trap” has also been criticised, with a study in 2020 finding China had restructured or refinanced about $21 billion of debt in Africa between 2000 and 2019. The study also noted there was no evidence of “asset seizures”and that Chinese lenders had not used courts to enforce payments, or applied penalty interest rates to distressed borrowers.
Meanwhile, Adalberto Costa Junior, a presidential candidate in Angola, has vowed to examine the county’s debt if he is elected.
Angola owes about $90 billion, which will cost it about $8 billion each year in amortisation, according to Bloomberg.
“The amount of real foreign debt is not known,” Mr Junior said in an interview on the weekend.

​

Around $27 billion of Angola’s total debt is owed to China, with the funds used to build roads, hospitals and railway links.
Mr Junior warned that any borrowings not linked to infrastructure projects could be renegotiated.

 

[Flight996]

As mentioned before, don’t expect AVZ to make ASX announcements based on twitter stories.
They would need a full time ASX announcer.
Just imagine Nigel having to respond to every story written by the geist or under any of his aliases

Not sure what you are on about Cruiser, but where did you get the information about AVZ needing permission from the DRC govt to keep its shareholders informed?

Cheers
F

 

[The Fox]

Hey mate, not sure if you saw my post the other day but it is under renewal now for CDL.

View attachment 14648

That's just the boundary area mate which is important. The Northern section. its still empty of detail.

Cheers The Fox