Der Geist
Regular
I chatted with a long termer in AVZ who has Chinese business experience and he said, the Chinese would be hedging - willing to work with either. Working with Chinese would be easier for them but they don’t own the turf as you all knowMy policy is if it's Chinese I don't trust it . Wouldn't trust Cath as far as I could throw them . If we have a better option we should pay them out and fk them off . Cong is a little dirt bag that needs to be squashed . IMO
@Xerof - it’s not true there is a lot of discussion outside public eye, just not giving oxygen to the thread naturally.
Tendoji post clearly showed how central Simon Cong has been to Chinese ventures and how threats could come from different directions and it’s not just hearsay- it’s on the record, that your enemy works for your customer.
It sheds new light on asking why Cong transacted with Eckhoff and associates rather than CATL’s Yuqun. Better value?
Some of us may have worked out from Langford or Nigel or even Joe Lowry commenting on PLS how mean CATL’s business manager was to deal with such that they only transacted with Tantalex February 2018 and earlier in NAL on the cheap (already Chinese owned).
Then interestingly you had the CR with Cantor client later in Feb and Klaus’s version of honesty: the Chinese want to see more progress before committing. This is despite Huayou already officially expressing interest in going to mine since August 2017 - imagine that? AVZ would clearly be ramping up to 4.5 to possibly 10mtpa if so… JORC economics would look after itself as the project progresses
It took about 2 years to see Yibin emerge. Other than that, LP’s Bin Guo early 2019.
CATL could have worked with Huayou and that didn’t work. And CATH working with Zijjn is not a certainty either just based on simple optic of precedent.
All along I think the big hold up on sentiment has been transport and the Chinese have been trying to move AVZ along. The French in an offical diplomatic news outlet made a note of this in 2019 some may recall.
Basically AVZ just can’t rely on Chinese money. There is a massive question on the $285mil for road works to Manono. Nigel as I recall has said on more than one occasion the completion is up to 100km from Manono. It just looks like industrial warfare. Nigel’s endearing trait is he just doesn’t give up ‘the ball’ no matter what condition it’s in from time to time.
Basically it seems US is getting more serious about making efforts to curb China influence. The issue is the Congolese are junkies on Chinese brown paper bags of stuff. A habit that started with Mobutu under whose influence? CIA?
The coup plan attempt by head of Congolese intel in January this year underscores how hard change is, and if anyone thinks FT is a white knight in AVZ favour needs to sober up out of the koolaid. This is politics and it’s not sealed for AVZ until it has been.
Further I stil harbour doubts AVZ wanted to go to mine. It might just be too hard to find the talent for lithium processing without CATH asking why they only have 24% of project….
It was extremely difficult to find a non executive chairman. Not many westerners want to work in Manono? Think about it. Contractors alone is not the way I assume.
I am happy to discuss where the rare talent for lithium processing comes from.
Remember: Nigel wanted to start out quite simple with DMS only 2mtpa, and work up. But then ambition for more surfaces and I don’t think it was Nigel’s ambition but one born from reducing transport costs but also ESG stuff and, get this: FT’s political ambition. I remember seeing Nigel’s face first time he uttered a lithium hydroxide plan and he looked a bit weary not delighted. Is it possible the Chinese are saying AVZ are just speculators and not miners, get them to give up the ghost?
Of course there is lots of dirty work going on. And hopefully corruption is burnt to the stake. No one should get away with his criminal undertaking. In fact it’s interesting because Cong would be scared but also menacing at same time. The more light on his misconduct the more he is scared and he also doesn’t want to damage AVZ outright because that might limit concessions he can draw from them because in the scheme of things Cong is quite powerful. But can that change? I’d say the CIA would like to see him move back to Gansu Provice or Monaco
It’s important that positives and negatives are covered and that cowards don’t bully and censor the detail for wealth preservation decision making. We saw how holders were misled in 2018, simply because they followed the word of a guru ninja, and the herd.
Isn’t that right @Nellie17 ? I’ve never noticed this ID in 6 years but they have strong opinions - what’s with all the conspiracy doxxing? I’ve also noted charbella or similar pontificating on my earlier in the year claims as answered by the company. I have no idea what you’re talking about so I’d like you to itemise what it is. Because I don’t think you know what you’re talking about and in fact anyone coming after me just isn’t thinking with their head screwed on but toying with an electrical consent.
Mark my words
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