AVZ Discussion 2022

[Carlos Danger]

HMMMMMMMM ........ from Solo
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Chengtun completed the acquisition of an ASX listed mining company operating in the DRC back in 2020. No problem for them getting FIRB approval for that purchase. Their current market cap is around 5b AUD so it would seem they don't have the means to buy out AVZ but stranger things have happened.

Maybe Nigel does have a surprise take over offer up his sleeve for the roadshow. Or perhaps the journalist that wrote that article is an idiot that doesn't understand basic concepts of ownership like those that work at the AFR. Either way we will find out soon.

 

[MoneyBags1348]

It clearly says for Chengtun Mining not AVZ . They mine copper in the DRC .

Possibly the translation of the wording is confusing. It may be possible these contractors have been agreed to by AVZ and the DRC and is an indication that things are moving ahead

And dare I say it…. “Good news announcement imminent”

PS Don’t any of you get any ideas of trying to pineapple me…. or

 

[Roller62]

View attachment 20131
Chengtun completed the acquisition of an ASX listed mining company operating in the DRC back in 2020. No problem for them getting FIRB approval for that purchase. Their current market cap is around 5b AUD so it would seem they don't have the means to buy out AVZ but stranger things have happened.

Maybe Nigel does have a surprise take over offer up his sleeve for the roadshow. Or perhaps the journalist that wrote that article is an idiot that doesn't understand basic concepts of ownership like those that work at the AFR. Either way we will find out soon.

Maybe it's more BS out of China to get the rumours going - IGNORE

 

[Bin59]

I came across a company called Golden Mountain Technology Sarl who have our Manono project listed on their website

Lithium mining in Congo - Manono Lithium and tin mining, Congo - Golden Mountain Technology

Congo mining company, gold mining, diamond mining in Congo, Copper ore extraction in Congo, mining Business investor in DRC, coltan and cobalt plus iron and tantalite, cobalt and copper cathodes and copper ore, Lubumbashi mining, Kolwezi mines, Katanga province mines Congo DRC

goldenmountaintech.com

 

[Roller62]

I came across a company called Golden Mountain Technology Sarl who have our Manono project listed on their website

Lithium mining in Congo - Manono Lithium and tin mining, Congo - Golden Mountain Technology

Congo mining company, gold mining, diamond mining in Congo, Copper ore extraction in Congo, mining Business investor in DRC, coltan and cobalt plus iron and tantalite, cobalt and copper cathodes and copper ore, Lubumbashi mining, Kolwezi mines, Katanga province mines Congo DRC

goldenmountaintech.com

Computer says NO

 

[DiscoDanNZ]

Should be Chengtun Mining

So it should be... Ill remove that from the post

Nowhere near us or Manono

 

[Bin59]

Computer says NO

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[Bin59]

 

[Retrobyte]

HMMMMMMMM ........ from Solo
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How big was that again?

 

[Retrobyte]

I came across a company called Golden Mountain Technology Sarl who have our Manono project listed on their website

Lithium mining in Congo - Manono Lithium and tin mining, Congo - Golden Mountain Technology

Congo mining company, gold mining, diamond mining in Congo, Copper ore extraction in Congo, mining Business investor in DRC, coltan and cobalt plus iron and tantalite, cobalt and copper cathodes and copper ore, Lubumbashi mining, Kolwezi mines, Katanga province mines Congo DRC

goldenmountaintech.com

 

[JAG]

How big was that again?

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[Samus]

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[Thaz]

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that website doesnt work. also;

 

[JAG]

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Where did you get that footage of @TheCount from making his home brew?

 

[Remark]

Everyone wants a piece of Manono now!

Come and get it, plenty to go around...

 

[Samus]

Everyone wants a piece of Manono now!

Come and get it, plenty to go around...

They're giving it away!

 

[JAG]

The team is on

 

[JAG]

 

[JAG]

Please setup a webcam outside the Perth RS venue
We will wait for the smoke signal
White Smoke= Pope ML
Black Smoke= Nope

 

[MoneyBags1348]

View attachment 20157

CITIC HIC are a large Chinese mining machinery company:

Mineral Processing Equipment | Ore Grinding Machine | CITIC HIC

CITIC HIC is an experienced company specialized in designing and manufacturing mineral processing equipment, including grinding mills, crushers, vertical stirred mills, mine hoists, rotary kilns, etc.

citicheavyindustries.com

Chengtun are associated with this new Chinese battery startup company:

Chinese battery startup Hithium raises $278m to boost output

Company offers products for utility, commercial and residential users

asia.nikkei.com

It seems like they are all coming out of the woodwork, but from memory the company has to issue contracts (EPC etc) as a precursor to attaining FID.

And as much as the Chinese are sus, they are already established in the DRC and have the ability to build large projects quickly.

AVZ would have to maintain confidentiality until contracts are signed but hopefully these are all good signs.

Trying not to be sus on all the new info coming out