AVZ Discussion 2022

[MoneyBags1348]

I don’t know how much everyone on these threads takes into consideration but here are just a couple of things to ‘maybe’ think about

I doubt CATH are going to want to build a battery manufacturing facility in the DRC, they have spent $billions building those in China to process the minerals there

What happens to their contact and there offtakes if the DRC wants all the processing in Africa?

Why do you think the MoM was in France trying to convince they’re manufacturers to go to Africa?

Roadshow Revelations?

“Dathomir, Zigin, Cominiere, CAMI and government negotiations are progressing well but are confidential”

“No need to worry because Momentum Attorneys have advised us on all steps to get our ML…, They currently upload progress on twitter and quickly remove it so as to keep it safe”

“We have a crane on site”

“Our drill cores are excellent and assays are imminent”

“BOD doing an excellent job, one even had his photo taken at the local port”

“No more questions, I will be going around with a hat so I hope you brought money, now enjoy the refreshments…. No Jack Daniels for you MoneyBags, you’ll have to buy your own like last time”

I know I’m getting sarcastic now, but you have to be realistic and think about what you are expecting and what you are going to ask.

Hopefully I’ll be back to myself soon but in the meantime, just because I’m shitty here’s their recent attempt at infrastructure

 

[M.Bison]

I don’t know how much everyone on these threads takes into consideration but here are just a couple of things to ‘maybe’ think about

I doubt CATH are going to want to build a battery manufacturing facility in the DRC, they have spent $billions building those in China to process the minerals there

What happens to their contact and there offtakes if the DRC wants all the processing in Africa?

Why do you think the MoM was in France trying to convince they’re manufacturers to go to Africa?

Roadshow Revelations?

“Dathomir, Zigin, Cominiere, CAMI and government negotiations are progressing well but are confidential”

“No need to worry because Momentum Attorneys have advised us on all steps to get our ML…, They currently upload progress on twitter and quickly remove it so as to keep it safe”

“We have a crane on site”

“Our drill cores are excellent and assays are imminent”

“BOD doing an excellent job, one even had his photo taken at the local port”

“No more questions, I will be going around with a hat so I hope you brought money, now enjoy the refreshments…. No Jack Daniels for you MoneyBags, you’ll have to buy your own like last time”

I know I’m getting sarcastic now, but you have to be realistic and think about what you are expecting and what you are going to ask.

Hopefully I’ll be back to myself soon but in the meantime, just because I’m shitty here’s their recent attempt at infrastructure

You can process ore in country without building a full battery plant, if that’s what you’re suggesting. Don’t think DRC is saying they want to make the batteries. Just move further up the value chain.

 

[MoneyBags1348]

You can process ore in country without building a full battery plant, if that’s what you’re suggesting. Don’t think DRC is saying they want to make the batteries. Just move further up the value chain.

Thanks Mr Bison, I need positive feedback, but the offtake contracts are for SC6. I’m hopefully out of here for the day now

 

[wombat74]

If your referring to WFE you’re going to trigger my nervous twitch!
Lost a good bit of coin on that. Would love to meet Brewer in a dark alley…..
Anyways, in my limited experience roadshows are normally preceding management passing around the tin can.
I wonder if we lost some % therefore CATH % decreasing therefore we don’t have the funds to prove we can build. So we need another 50-100m to satisfy the conditions to get the ML.
But I’m just talking gibberish. I have NFI what’s going on.
No time really to organize the roadshows before AGM. I wonder if it’s their tactic for the AGM. ‘Hey guys we have nothing to report but we’ll tell you all about it at the roadshows, so please Mr Wombat put the baseball bat down’

Mate who's talking baseball bats ? Not me . Good way to end up in court with a pineapple hanging out of your arse . I'm saying they most probably have good news . A road show with no positive news makes zero f--king sense . If these boys can get this across the line and make share holders lots of money then they can have all the freebie shares they want . As as long as I'm staring at a number with 6 zeros beside it after tax I could care less .

 

[Samus]

hey Sammael,

It's that exact type of reaction/attitude that the BOD will be expecting to receive at any roadshow... no way in hell will they volunteer to go stand before shareholders without available, good news...

imagine the shit they've had thrown at them this last 5 months from frustrated shareholders... they wont want more of the same, especially in a place where you can't hide...they'll be well farken aware that they'll have some crosshair's on them...

surely we've got to recognise the possibility that their hands have been tied, and they did need some criitcal elements to be ticked off before they could speak and inform us... and well, they're predicting that all to be ticked off any day now... and well, that will then enable an open communication path at a roadshow...

not defending BOD, just trying to think logically about it..

I guess we wait and see.
AGM in a little over a month, I'm personally not convinced this roadshow will happen simply because of the lack of resolution to any of the issues to date.
Hopefully they suprise us with a bunch of positive news instead of creating another rod for their own back.
It's a thin hope imo.
But many think I'm a pessimistic bastard.

 

[Sammy_da_Smile]

I don’t know how much everyone on these threads takes into consideration but here are just a couple of things to ‘maybe’ think about

I doubt CATH are going to want to build a battery manufacturing facility in the DRC, they have spent $billions building those in China to process the minerals there

What happens to their contact and there offtakes if the DRC wants all the processing in Africa?

Why do you think the MoM was in France trying to convince they’re manufacturers to go to Africa?

Roadshow Revelations?

“Dathomir, Zigin, Cominiere, CAMI and government negotiations are progressing well but are confidential”

“No need to worry because Momentum Attorneys have advised us on all steps to get our ML…, They currently upload progress on twitter and quickly remove it so as to keep it safe”

“We have a crane on site”

“Our drill cores are excellent and assays are imminent”

“BOD doing an excellent job, one even had his photo taken at the local port”

“No more questions, I will be going around with a hat so I hope you brought money, now enjoy the refreshments…. No Jack Daniels for you MoneyBags, you’ll have to buy your own like last time”

I know I’m getting sarcastic now, but you have to be realistic and think about what you are expecting and what you are going to ask.

Hopefully I’ll be back to myself soon but in the meantime, just because I’m shitty here’s their recent attempt at infrastructure

Chinese made bridge? Lol

 

[Onthefm]

Mate who's talking baseball bats ? Not me . Good way to end up in court with a pineapple hanging out of your arse . I'm saying they most probably have good news . A road show with no positive news makes zero f--king sense . If these boys can get this across the line and make share holders lots of money then they can have all the freebie shares they want . As as long as I'm staring at a number with 6 zeros beside it after tax I could care less .

I for one would not be happy with snouts in the trough again. Jesus just for a bit of perspective ( 500 000 ayear for say 5 years 2.5 mill 50 000000 shares to be consecutive say one dollar a share = 52500000 for five years work) christ the prick from qantas only gets a bit over half that. And your happy for them to take more after this fuck up. Mmm not for me.

 

[John25]

Put on your best boxer shorts at the Roadshow/AGM they’ll be waiting for us

 

[oxxa23]

I guess we wait and see.
AGM in a little over a month, I'm personally not convinced this roadshow will happen simply because of the lack of resolution to any of the issues to date.
Hopefully they suprise us with a bunch of positive news instead of creating another rod for their own back.
It's a thin hope imo.
But many think I'm a pessimistic bastard.
View attachment 18654

i hear ya, they'd want to be rock solid with dates... they've been wrong 312 times so far...

and of course... there is absolutely nothing (other than logic... which can be a stretch with avz) to say the roadshow is before the AGM.... the sentence puts it before the agm in order... but, doesn't specifically say that...


"The Company will provide an update to the market on the status of its activities in the DRC ahead of its planned roadshows and AGM which are scheduled to be held next month."

 

[John25]

I don’t know how much everyone on these threads takes into consideration but here are just a couple of things to ‘maybe’ think about

I doubt CATH are going to want to build a battery manufacturing facility in the DRC, they have spent $billions building those in China to process the minerals there

What happens to their contact and there offtakes if the DRC wants all the processing in Africa?

Why do you think the MoM was in France trying to convince they’re manufacturers to go to Africa?

Roadshow Revelations?

“Dathomir, Zigin, Cominiere, CAMI and government negotiations are progressing well but are confidential”

“No need to worry because Momentum Attorneys have advised us on all steps to get our ML…, They currently upload progress on twitter and quickly remove it so as to keep it safe”

“We have a crane on site”

“Our drill cores are excellent and assays are imminent”

“BOD doing an excellent job, one even had his photo taken at the local port”

“No more questions, I will be going around with a hat so I hope you brought money, now enjoy the refreshments…. No Jack Daniels for you MoneyBags, you’ll have to buy your own like last time”

I know I’m getting sarcastic now, but you have to be realistic and think about what you are expecting and what you are going to ask.

Hopefully I’ll be back to myself soon but in the meantime, just because I’m shitty here’s their recent attempt at infrastructure

Bags …just have to compliment yourself on your phrasing & ,paragraphing …you’ve come a long way ..well done

 

[wombat74]

I for one would not be happy with snouts in the trough again. Jesus just for a bit of perspective ( 500 000 ayear for say 5 years 2.5 mill 50 000000 shares to be consecutive say one dollar a share = 52500000 for five years work) christ the prick from qantas only gets a bit over half that. And your happy for them to take more after this fuck up. Mmm not for me.

I got a number$$ in my head and it wasn't far off it before this crap came down . After that I couldn't care less . I'll be long gone .

 

[LOCKY82]

They better not ask for a f#*king thing unless they turn up with something mindblowing that's been officially signed sealed and delivered! Promises or a heads up to have the champagne on ice count for absolutely f@$k all these days.

 

[CeckRaiseFold]

i hear ya, they'd want to be rock solid with dates... they've been wrong 312 times so far...

and of course... there is absolutely nothing (other than logic... which can be a stretch with avz) to say the roadshow is before the AGM.... the sentence puts it before the agm in order... but, doesn't specifically say that...


"The Company will provide an update to the market on the status of its activities in the DRC ahead of its planned roadshows and AGM which are scheduled to be held next month."

Exactly - nowhere does it say there will be a roadshow before the AGM. It also just says "an UPDATE to the market on the STATUS of its activities". As much as I want to read something positive in that, there simply isn't anything. The update and the status can be anything, Written this way and being in the dark for so long does not fill me with confidence that this update will be the much desired break-out from this suspension with layers upon layers of good news. No, most likely further suspension with limited details on the going-ons. because of legal confidentiality.

By now, just one or two bits of good news will not cut it anymore. I think the Company realises that. In order to prevent a accelerated sell-off on re-open the news will have to be a combination of:

To have a chance at a decent company TO or an asset buy-out (note TO does not require us to come out of suspension):

• ML issued: confirming all of RD and CDL at least as an exploration licence with AVZ having same ownership as before
• Dathcom ownership resolved: as a minimum 75% with 15% Cominiere ownership still up for grabs to get the 90% prior to 25% CATL deal. This will include firm ICC tribunal and local court rulings.

To still keep a realistic option to go mining ourselves the following needs to be added:

• Collaboration agreement: In place and signed by all parties
• HEPP: approval for hydro-electric power plant (licence)
• DFS/BFS: Updated DFS at 10MTPa or better BFS including clarity on further refining / hydroxy plant
• Financing: Loans and investor moneys secured to underpin FID
• Transport: clarity on road infrastructure upgrades and rail contracts

Bonus info would be:

• SEZ
• Further offtakes
• Further core results increasing reserves
• in-country battery plant (not controlled by Dathcom)

I prepare for 17th November AGM as my/our first opportunity to hear in person what company has to say on all the above

 

[Samus]

Exactly - nowhere does it say there will be a roadshow before the AGM. It also just says "an UPDATE to the market on the STATUS of its activities". As much as I want to read something positive in that, there simply isn't anything. The update and the status can be anything, Written this way and being in the dark for so long does not fill me with confidence that this update will be the much desired break-out from this suspension with layers upon layers of good news. No, most likely further suspension with limited details on the going-ons. because of legal confidentiality.

By now, just one or two bits of good news will not cut it anymore. I think the Company realises that. In order to prevent a accelerated sell-off on re-open the news will have to be a combination of:

To have a chance at a decent company TO or an asset buy-out (note TO does not require us to come out of suspension):

• ML issued: confirming all of RD and CDL at least as an exploration licence with AVZ having same ownership as before
• Dathcom ownership resolved: as a minimum 75% with 15% Cominiere ownership still up for grabs to get the 90% prior to 25% CATL deal. This will include firm ICC tribunal and local court rulings.

To still keep a realistic option to go mining ourselves the following needs to be added:

• Collaboration agreement: In place and signed by all parties
• HEPP: approval for hydro-electric power plant (licence)
• DFS/BFS: Updated DFS at 10MTPa or better BFS including clarity on further refining / hydroxy plant
• Financing: Loans and investor moneys secured to underpin FID
• Transport: clarity on road infrastructure upgrades and rail contracts

Bonus info would be:

• SEZ
• Further offtakes
• Further core results increasing reserves
• in-country battery plant (not controlled by Dathcom)

I prepare for 17th November AGM as my/our first opportunity to hear in person what company has to say on all the above

Good luck with all that.

 

[oxxa23]

Exactly - nowhere does it say there will be a roadshow before the AGM. It also just says "an UPDATE to the market on the STATUS of its activities". As much as I want to read something positive in that, there simply isn't anything. The update and the status can be anything, Written this way and being in the dark for so long does not fill me with confidence that this update will be the much desired break-out from this suspension with layers upon layers of good news. No, most likely further suspension with limited details on the going-ons. because of legal confidentiality.

By now, just one or two bits of good news will not cut it anymore. I think the Company realises that. In order to prevent a accelerated sell-off on re-open the news will have to be a combination of:

To have a chance at a decent company TO or an asset buy-out (note TO does not require us to come out of suspension):

• ML issued: confirming all of RD and CDL at least as an exploration licence with AVZ having same ownership as before
• Dathcom ownership resolved: as a minimum 75% with 15% Cominiere ownership still up for grabs to get the 90% prior to 25% CATL deal. This will include firm ICC tribunal and local court rulings.

To still keep a realistic option to go mining ourselves the following needs to be added:

• Collaboration agreement: In place and signed by all parties
• HEPP: approval for hydro-electric power plant (licence)
• DFS/BFS: Updated DFS at 10MTPa or better BFS including clarity on further refining / hydroxy plant
• Financing: Loans and investor moneys secured to underpin FID
• Transport: clarity on road infrastructure upgrades and rail contracts

Bonus info would be:

• SEZ
• Further offtakes
• Further core results increasing reserves
• in-country battery plant (not controlled by Dathcom)

I prepare for 17th November AGM as my/our first opportunity to hear in person what company has to say on all the above

i have the feeling we'll be trading by then, but, it's just a feeling...

have we seen anywhere, other than the very first Cath announcement on 27.09.21 where they refer to the level of detail/study being done on the 10mt?

i am not sure we will get a full blown DFS on it like some are expecting...

Announcement only says "study" and i had a feeling of it being less than a formal DFS from an interview with nigel from memory... announcement said:


AVZ and CATH have also agreed to evaluate and progress a study to increase annual production, expanding Dense Media Separation (“DMS”) production capacity from a 4.5Mtpa throughput producing approximately 0.7 million tonnes of SC6, as contemplated by the Definitive Feasibility Study dated April 2020 (“DFS”), to a 10Mtpa DMS throughput producing approximately 1.6 million tonnes of SC6 (“Expansion Scenario”).


I am sure many are also confusing the updated DFS to include 10mt, which it wont... that was commissioned and somewhat finished before CATH deal..

 

[CHB]

I also thought that someone who attended the german roadshow prior to the TH's confirmed that the BFS was going to be based on 4.5Mtpa?

or something similar

 

[CeckRaiseFold]

I also thought that someone who attended the german roadshow prior to the TH's confirmed that the BFS was going to be based on 4.5Mtpa?

or something similar

I was at the April 2021 Investor briefing event at Fraser Suites in Perth when at the end NF asked all present to turn phones off and keep quiet about his future ideas of a 10MTPa and hydroxy plant. Indeed just musings and studies at the time, but it feels like ages ago. Hell, it is ages ago! At the time he expressed still hope for a July/August 2021 ML issue :-(
Plenty of time to have matured those 10MTpa plans and they fit in with DRC strategy and market demands.
Indeed maybe just wishful thinking.

 

[cruiser51]

Something different...

MIT PhD has an explosive hydrogen lesson for Forrest​

Aaron Patrick​

Saul Griffith knows how to make an arrival.
Yesterday, the Wollongong engineer and climate evangelist – imagine if Elon Musk and Mark Carnegie had a son raised by Bob Brown – arrived at Sydney’s Fullerton Hotel on a one-wheel electric skateboard, a recyclable coffee cup dangling from his belt and a wild head of hair barely contained by a plastic helmet.

Griffith had an important message for the climate industry, which had gathered at The Australian Financial Review Energy and Climate Summit. Andrew Forrest’s plan to make Australia a hydrogen superpower is misguided, not feasible and downright dangerous.
‘‘We do not have a viable technology for green steel,’’ Griffith said. ‘‘Green hydrogen is not going to temper any domestic emissions this decade.’’

Forrest plans to spend about $9 billion through Fortescue Metals Group to, among other things, use solar power to create hydrogen from water. The hydrogen will replace petrol in vehicles and coal in making steel.
Griffith accused Fortescue of signing ‘‘fake contracts’’ with European energy companies for hydrogen that might not be delivered, and said Australia had ‘‘drunk the Kool-Aid’’, a reference to a mass suicide at the direction of American preacher Jim Jones in 1978.

The Sydney-educated Griffith isn’t well known in his home country. He became a climate celebrity in the US, where, after completing a PhD in engineering at MIT, he launched a campaign to switch the entire country from petrol and gas to solar, wind and other forms of renewable energy.
Griffith doesn’t suffer from shyness about his opinions or achievements. He mentioned that he had operated a nuclear power reactor, was a leader in hydrogen-storage technology and had inspired the Biden administration’s Inflation Reduction Act.

Oh, and his plan to electrify the entire economy is the greatest investment opportunity in history.
Purchases of petrol-powered cars need to stop, immediately, followed by gas water heaters, and everything else that runs on fossil fuels, he said. This was the only way to reach Australia’s greenhouse gas emissions targets.

Hydrogen will be great for Griffith personally, but it won’t save the planet.
‘‘We miss the thing that is going to win the game, which is electrification, if we over-focus on hydrogen,’’ he said.
Griffith did the maths. To produce hydrogen for $2 a kilogram, Fortescue will need access to electricity for 2¢ a kilowatt hour from renewable energy. The $2 is a government target, and it is necessary because that is about the cost of producing hydrogen in a process that releases carbon dioxide.
The 2¢ electricity would be used for electrolysis, which separates hydrogen and water, compressing the gas and converting it back into electricity and water in a fuel cell. The result would be electricity that is four to six times as expensive as electricity straight from a solar panel or wind farm, Griffith said.

‘‘I can’t say it harshly enough,’’ he said. ‘‘We have drunk the Kool-Aid and we’re about to squander a decade. If hydrogen works, I will make more money than all of you because I built the hydrogen tanks that all of the world’s auto-makers have licensed.
‘‘I have shot large-calibre bullets into hydrogen tanks in the desert. I have watched them explode. I have owned two hydrogen cars. It was the scariest, most horrible experience of my life. I feel qualified to say a lot about hydrogen. I understand the physics and thermodynamics.’’

Forrest has denied a draft hydrogen sales agreement with Germany’s Eon was a public relations stunt. ‘‘They have asked for 5 million tonnes and they are going to get it,’’ he said in July.
Hydrogen created from solar or wind power isn’t entirely useless, Griffith said. He said Australia could use the elements to supply all the world’s ammonia, which is used in fertiliser: ‘‘That would be a $90 billion to $100 billion export opportunity.’’
Which means he just dismissed Fortescue’s company-transforming strategy as a pile of poo.

 

[Remark]

Nigel is probably shitting his knickers with Deboss stood behind him with a rifle

Deboss crying "what shit did you get me involved with? I could have bought PLS for 19c instead of here for 4c, they are worth $5.00 now"

More like Deboss saying " Say imminent one more time motherfucker..."

 

[Winenut]

A good old fashioned circle jerk like the old HC days ehhh. Lol.

The ALL IN crowd are going to be jerking this so hard, your hands going to fall off.

How ya doin' there Modo?

Feeling okay?

Out for a little jog?