AVZ Discussion 2022

[Sammy_da_Smile]

Nice find guys, I had been regularly checking the portal and took a recent screenshot so I could track changes. See below what it said previously.

Definite update.

 

[Thaz]

I think those 2 items are on the same status. See below screenshot just then.

 

[Sammy_da_Smile]

Based on my own research of the DRC Mining Map Portal.

on the map itself, it only shows the Research Permit for Dathcom.

View attachment 3864

However, it isn't until you search for the land itself that you see the application for Mining "approved"

View attachment 3865

View attachment 3866

Perhaps this is more of a 'glitch' in the system where you can see it before the map itself is updated.

not sure what to take of this myself tbh. I guess I'm Skeptical but hopeful.

Yeh i don't think this is AVZ is it? When you search avz a different permit comes up? See my screen shot.

 

[BRICK]

Appears to be much chatter across HC so im assuming someone will be forced to release something which may do us damage if this is all premature and its weeks or months away?

I hope get proven wrong!

 

[Sammy_da_Smile]

Yeh i don't this is AVZ is it? When you search avz a different permit comes up? See my screen shot.

Oooohhhh are these two the 100% avz areas? Sorry at work and can't check. Does anyone know the permit numbers for these?

 

[Sammy_da_Smile]

I think those 2 items are on the same status. See below screenshot just then.

View attachment 3869

Yes mate, I just had another look at the post on twitter which doesn't reference avz at all, just the permit number and Dathcom. I'm thinking that these two are for the 100% owned area by AVZ. APologies i jumped the gun, these two would not applicable at this stage.

Damn that's exciting if the we are getting closer to full ML

 

[Xerof]

Permit number 13359, and Dathcom is the DRC company that is the tenement holder and operator. AVZ owns 75% of it at the moment, soon to be 51%, then maybe 66%

Those other tenements are the 100% AVZ holdings that surround 13359. The other one in the middle is held by Tantalex, who have the ML to mine the rejects piles

 

[Sammy_da_Smile]

Permit number 13359, and Dathcom is the DRC company that is the tenement holder and operator. AVZ owns 75% of it at the moment, soon to be 51%, then maybe 66%

Those other tenements are the 100% AVZ holdings that surround 13359. The other one in the middle is held by Tantalex, who have the ML to mine the rejects piles

Thanks mate, I have been a total noob and checking the other ones haha been doing it for months lmao well I'll keep checking for the next few years and keep you all posted on any developments!

 

[CashKing]

*Ditto Joe, No excuses ! No excuses why AVZ / Manono doesn't deserve a ML imminently atm


View attachment 3906

Tomorrow Frank AIMO


GLTAH

 

[Xerof]

My perspective is this:

IMO, based off CAMI website update

The Technical committee has Ok'ed their part, so all bits can now be/are being/have been collated by CAMI for on-passing to MofM to rubber stamp within 30 days. Felix T the cat stated the suspension of awarding of mining licenses etc was to be lifted a short while ago, providing the Cadastre files were brought up to date. Perhaps we have seen that with the update to April 1

So, for me, the file is 'approved', and is headed towards MofM. On my basis she has until 30 April

Was it coincidence that CATH settlement given another 30 days from April 1st?. You know, this part of the deal stinks, as really what CATH might be saying is, well, even though we waived the ML condition, we're not going to pay you the cash until we DO see it, hence the extension.

Hmmmm, things that go bump in the night

So my pick remains 'the day after a 30 pip rise in the shareprice', but by 30 April latest

 

[Winenut]

Announcement but not the one we wanted

I'll exercise 76M options @ 6c thank you...

 

[Retrobyte]

Announcement but not the one we wanted

I'll exercise 76M options @ 6c thank you...

How to turn $4.5m into $80m. Nice work if you can get it!

 

[Retrobyte]

Today was the expiry date for those options, so nice timing!

 

[Retrobyte]

I've been going through old announcements to find out who these options were issued to - was it Lithium Plus?

 

[Winenut]

I've been going through old announcements to find out who these options were issued to - was it Lithium Plus?

These options have come from the April 2nd 2020 placement of $14.1m through Yibin / Lithium plus. They were due to expire today....from Obe Wan on the Crapper

 

[Xerof]

Yes, originally 120,000,001 of the little f''ckers, issued to 5 entities, mainly Lithium Plus, but also some smaller sophs, including (I think) a related chinese party to the MD of Lithium Plus, Guo, who is in the T20. Some were converted last year, leaving the 76mill odd for today.

More tentacles than an octopus, these related entities......you have to keep an open mind to what may be the end game with these guys

I'm wondering if they started the sell down this week, to raise the cash to convert?

Tim will tell at the next T20 issued in May, but I would expect to see most, if not all, of these options to now be held as ordinary shares

 

[marksmann007]

They certainly didn’t try and shoot the lights out with these bloody options did they.
I wonder if they ever review these decisions and dish out an appropriate uppercut.
I get we were positioned very differently back then but that’s a serious amount of cheap options converted.

 

[CHB]

We've had many a shocking raise over the past few years

 

[Remark]

EV's appear to be better in every way. I'm disappointed no one ever hacked my petrol pump.

https://www.countypress.co.uk/news/20049469.electric-vehicle-chargepoints-hacked-show-porn/

 

[Sammy_da_Smile]

To remind: https://www.theeastafrican.co.ke/te...-burdens-dr-congo-brings-to-eac-table-3769482

In an earlier interview with The EastAfrican, Equity Group CEO James Mwangi said they were seeking Tesla boss Elon Musk to establish a plant in DRC to avail himself of the raw materials and add value at the source.

Elon Musk says Tesla may have to get into the lithium business because costs are so 'insane'

According to Benchmark Mineral Intelligence, the cost of the metal has gone up more than 480% in the last year.

www.cnbc.com

KEY POINTS

Elon Musk tweeted Tesla may get into the lithium mining and refining business directly and at scale because the cost of the metal, a key component in manufacturing batteries, have gotten so high.

“Price of lithium has gone to insane levels,” Musk tweeted.

Lithium deposits are not uncommon in the US, but refining resources are limited.