You’d think he will doing the roadshows no? If he is he’ll be on a plane very soon
AVZ Discussion 2022
- Thread starter GazDix
- Start date
You’d think he will doing the roadshows no? If he is he’ll be on a plane very soon
Kiwifruit!!? That would be a pleasant tickle after the Perth Pineappling!
I’m really starting to hope someone else steps in and takes the CATH deal instead. Perhaps they can offer to pay the 20m break fee as part of it.
I’m just not sure I trust any of these big Chinese companies. They all take instructions from the same master at the end of the day.
I’m just not sure I trust any of these big Chinese companies. They all take instructions from the same master at the end of the day.
Yeh I have been mulling this one over too. The other thought was ideally FMG taking part ownership of CDL, say 50% for $1 billion. That money funds RD, some road upgrades and we then have a reliable partner for CDL. If CDL is indeed larger than RD, then FMG have a bargain. Andrew Forrest then gets to make a name for himself so he can set up his $100 billion Congo hydro power.
I think we're gonna need a bigger pineapple cannon!
The hero we never knew we needed! PINEAPPLE MAN!! COMING TO A ROADSHOW NEAR YOU!!
Azzler
Top 20
Yeah I know Wombie old mate.
I've been mulling over and trying to predict the coming events.
The whispers of it being released after the 1st roadshow actually make a little bit of sense to me, stategically.
But I really hope the prmoised update gets released today rather than Monday, fuck sake I'm starved of information.
Rediah
Regular
Finally a leaked video showing why the signed ML never made it to AVZ’s headquarters and we don’t see the the list of said announcements , 
Retrobyte
Hates a beer
Normally if there is something new announced at a roadshow the company must issue an announcement prior to the information being released at the roadshow. So my bet is a few minutes before the roadshow if it is new information that the market is not aware of
DiscoDanNZ
Regular
100% this is an option. RS being held outside of market hours I'm assuming it doesn't breach any rules, regardless of in suspension or not.
People going to be real disappointed aka pissed off if it's released a few minutes before the roadshow as it means ML not received.
Personally any other agreements (ie SEZ), JV discussions, world domination rumours won't cut it. Have said before that SEZ is just a nice to have and we don't necessarily need it.
Bin59
Regular
Just a thought /suggestion - AVZ could put local DRC news /updates etc of the Manono Project, local interviews, articles etc. on their social media account(s). For eg. any news & updates not needed to be announced on the ASX, but of interest to their shareholders - especially during mine development etc. (PLS did this through their Instagram & Twitter accounts during mine development which was very well received by investors and other interested parties. It’s a shame to see the last post on the Twitter account was in July).
CeckRaiseFold
Regular
Best realistic scenario:
Signing ceremony in DRC today for Collaboration Agreement & SEZ, then on plane back in time for Perth RS with those in hand and a credible way forward to ML and a please, please don't sell pitch.
Without any announcements to date, that's as low/high as I've set my expectations.
Frank
Top 20
*Winner - Winner Chicken Dinner BroHeading to bed but interestingly the Dow futures are reasonably up...
Let's hope it's still that way in the morning
EU approves effective ban on new fossil fuel cars from 2035
The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to electric vehicles and combat climate change.Negotiators from the EU countries and the European Parliament, who must both approve new EU laws, as well as the European Commission, which drafts new laws, agreed that carmakers must achieve a 100% cut in CO2 emissions by 2035, which would make it impossible to sell new fossil fuel-powered vehicles in the 27-country bloc.
"This deal is good news for car drivers... new zero-emission cars will become cheaper, making them more affordable and more accessible to everyone," Parliament's lead negotiator Jan Huitema said.
EU climate policy chief Frans Timmermans said the agreement sent a strong signal to industry and consumers. "Europe is embracing the shift to zero-emission mobility," he said.
The deal also included a 55% cut in CO2 emissions for new cars sold from 2030 versus 2021 levels, much higher than the existing target of a 37.5% reduction by then.
New vans must comply with a 100% CO2 cut by 2035, and a 50% cut by 2030 compared with 2021 levels.
With regulators increasing the pressure on carmakers to curb their carbon footprint, many have announced investments in electrification. Volkswagen boss Thomas Schaefer this week said that from 2033, the brand will only produce electric cars in Europe.
Still, the EU law met some resistance when it was proposed in July 2021, with European car industry association ACEA warning against banning a specific technology and calling for internal combustion engines and hydrogen vehicles to play a role in the low-carbon transition.
Negotiators agreed on Thursday that the EU will draft a proposal on how cars that run on "CO2 neutral fuels" could be sold after 2035.
Small carmakers producing less than 10,000 vehicles per year can negotiate weaker targets until 2036, when they would face the zero-emission requirement.
The law is the first to be finalised from a broader package of new EU policies, designed to deliver the bloc's targets to cut greenhouse gas emissions.
Brussels is seeking deals on two more laws from the package in time for the United Nations climate negotiations in November, in a bid to show that despite a looming recession and soaring energy prices, the bloc is pressing ahead with its climate goals.
www.reuters.com
Africa’s electrifying its fossil-fuelled cars
Although the price of electric vehicles (EVs) puts them way out of the reach of many people around the world, some startups in Africa are up-cycling regular internal combustion engine vehicles to clean transmission and building battery-powered vehicles from scratch.In May this year, Nigerian entrepreneur Mustapha Gajibo, who had been converting petrol minibuses into electric vehicles, announced plans to build solar battery-powered buses from scratch.
Gajibo, 30, a resident of Maiduguri in northeast Nigeria, said the geopolitical climate that has pumped up fuel prices would drive the uptake of electric vehicles in that market.
His startup is now building a 12-seater minibus that can cover up to 200km on a single charge, making it affordable to run and ideal for city commuting.
Gajibo’s early uptake of electric conversions and the publicity surrounding it has been a shot in the arm for the wider adoption of converted and electric vehicles.
Before Gajibo’s foray into the business, the emphasis was on converting diesel and petrol-propelled game-viewing vehicles into electric vehicles, because of size and design made it easy to install electric motors.
Fuelling the adoption of electric safari vehicles are luxury safari lodges operating in some of the continent’s premium safari destinations such as the Kruger National Park (South Africa), Maasai Mara National Reserve (Kenya), Serengeti National Park (Tanzania), Bwindi Impenetrable National Park (Uganda), Etosha (Namibia), Hwange (Zimbabwe), South Luangwa (Zambia) and the Okavango Delta (Botswana).
Startups in Kenya and South Africa are where most of the conversions of diesel and petrol Land Rovers or Toyota Land Cruisers are done.
It costs in the region of $25 000 to $45 000 to convert a vehicle.
Where possible, solar panels to capture further green energy are built into the roof of the vehicle.
Operators argue that despite the high cost, the return on investment makes it worthwhile, given the appeal to tourists of green, silent travel in the bush.
But with new affordable and lightweight EV conversion kits for cars and hybrid systems going for as low as $8 000 for smaller cars, the conversion of sedans is set to become a wider consumer trend.
Africa is already witnessing the expansion of EV charging networks in crucial markets, signalling greater adoption of clean mobility on the continent. Governments are seeing opportunities in this for job creation and have been dishing out licences to companies making conversions in South Africa, Kenya and Nigeria.
In 2020, the Kenya Bureau of Standards became one of the first state agencies to issue Knights Energy and Swedish-owned Opibus licences to convert tourism vans and buses to electric engines.
According to the government, EV conversion plans fit into Kenya’s National Climate Change Action Plan 2018-23, which identified operational inefficiencies in the transport sector, heavy traffic congestion and high fuel consumption as major contributors to high levels of carbon emissions.
For many entrepreneurs, however, it is simple arithmetic; if you can’t sell EVs new, then offer conversions. But there is one challenge — the growing scarcity of lithium-ion batteries.
That could change if states such as South Africa, the Democratic Republic of the Congo (DRC) and Zambia speed up plans to develop a lithium-ion battery value chain.
In May, Zambia and the DRC inked a deal to use some of the estimated 70% of the world’s cobalt reserves found on their territory for the local manufacture of batteries for electric vehicles.
Under the aegis of the Republic of Zambia and the DRC Battery Council, the two states plan to drive investments into battery manufacturing, hoping to drive local costs down and boost availability on the continent.
Plans are also afoot for South Africa’s government and industry to tap into electric vehicle components manufacturing, leveraging the country’s car manufacturing value chain.
In November 2017, energy storage and automotive component specialist Metair unveiled a programme to produce lithium-ion batteries across its operations in South Africa, Turkey and Romania.
Metair partnered with the South African Institute for Advanced Materials Chemistry at the University of the Western Cape, which houses the only pilot-scale lithium-ion battery cell assembly facility in Africa.
And last year, South Africa made a major proposal to encourage green transportation with an electric vehicle promotion policy, offering subsidies to manufacturers and buyers to drive up the supply and demand of EVs.
Released in May last year, the country’s e-mobility policy framework showed the state is planning significant fiscal incentives to spur the sale of new energy vehicles (NEVs).
In the proposed roadmap, South Africa will ramp up investment in the expansion and development of new and existing manufacturing plants to support the production of NEVs.
This includes producing electric vehicle components, with battery manufacturing a priority, according to the department of trade, Industry and competition.
African states plan to increase the share of the continent’s electric vehicle ownership to reduce emissions.
There are more than 10-million battery-powered vehicles on the road globally, with the number set to jump to 230-million by 2030, the International Energy Agency forecasts.
In August, 490 000 battery electric vehicles were sold in China, more than double the corresponding number in 2021 and accounting for the vast majority of new electric vehicle sales.
NEVs made up 30.1% of all new cars sold in China in August, according to the China Passenger Car Association.
For most countries, besides the zero-emission benefit, electric vehicles are cheaper to service than their petrol counterparts, with electricity being less expensive than fuel in most places.
Car sales in Africa are expected to more than double by 2040, driven by urbanisation and rising incomes.
A good proportion of those could be made up of electric vehicles.
Global management consulting firm McKinsey says the total cost of ownership of electric vehicles is more favourable than that of internal combustion engine vehicles in Africa, even in countries with fairly high electricity costs such as Kenya, suggesting that Africa is ready for an EV revolution.
Early entrants into electric vehicles, including smaller players like Gajibo, are also expected to drive investments in green mobility.
Electric mass-transit company Roam is to launch in Kenya this week as “the first-ever electric, mass transit bus operation” in that country.
Electric two-wheelers are expected to record faster growth than other vehicles, with Nigeria and Kenya witnessing a surge in demand for them.
According to a Research and Markets report, the global electric bus market size is projected to grow from 112 041 units in 2022 to reach 671 285 units by 2027, a constant average growth rate of 43.1%.
The advancements in battery pack technologies and electric powertrains are some of the factors driving the growth of the electric bus and coach market while many countries are focusing on electrification of their mass transit solutions, especially buses and coaches.
Factors such as a rise in pollution and environmental hazards, stringent government regulations and stiff competition have compelled vehicle manufacturers to make fuel-efficient and environment-friendly buses.
The nine-metre to 14m bus segment is projected to be the largest market during the forecast period in terms of volume, but that won’t slow Gajibo and others who are eyeing the potential of Africa’s enormous “micro” bus segment.
Homepage - The Mail & Guardian
The Mail & Guardian is a quality investigative and comment news publication, based on a culture of editorial independence and excellence.
mg.co.za
Bin59
Regular
April 22 paper re DRC battery manufacturing including the MSEZ - easier to read if you use the link.
GTAP Resources: Resource Display: Electric battery manufacturing: A game changer for...
Global Trade Analysis Project (GTAP), Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, Global Economic Analysis, Global Trade Analysis
www.gtap.agecon.purdue.edu
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DiscoDanNZ
Regular
I'd much rather have the ML first, SEZ tax rebates/offsets are pointless if the ore is stuck in the ground while Zijin and Cong are feeding us the pineapple.
Collaboration agreement without ML just means we have friends to share the pine-appling with...
MoneyBags1348
Top 20
Boxes are getting ticked, there's good news circling us, but I for one am positive one minute, then concerned the next and the only people to blame for this is the AVZ executives and the BOD.
I think I have however solved the problem when it comes to deciding what to take to the Roadshows, some have mentioned pineapples, some baseball bats, may I suggest these.... A group discount could apply for orders of 10 or more
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