AVZ Discussion 2022

[Samus]

Longer the period before ML is announced and SP/chart remains solid the more enjoyable it will be to see this short position go up in flames, whether they're hedges or pure shorts, don't care.

The weekly is looking pretty healthy still as is the daily.

Imagine if the BFS is released at same time as ML ... all bets are off and we're into FOMO realm on the way past $2, jeez maybe even $3. I honestly don't think we'll need until end of year to see a $3 handle. Even better, what if the shorts pile on to protect their position or because they honestly think this wont go to production, all the more fuel for our to freedom

Then again, this is AVZ, making all of us wait and practice humility along the way, for that I hate you AVZ. For those losing a bit of patience ... this stock has always come up with the goods, often (well most of the time) late, but it has always delivered. and for that I love you AVZ

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Oh yes we sure do earn our $ through a torturous exercise of patience and tolerance around here...

 

[CHB]

From robface on hc

The tesla supply manager has said avz is fully contracted and financed

 

[Winenut]

Longer the period before ML is announced and SP/chart remains solid the more enjoyable it will be to see this short position go up in flames, whether they're hedges or pure shorts, don't care.

The weekly is looking pretty healthy still as is the daily.

Imagine if the BFS is released at same time as ML ... all bets are off and we're into FOMO realm on the way past $2, jeez maybe even $3. I honestly don't think we'll need until end of year to see a $3 handle. Even better, what if the shorts pile on to protect their position or because they honestly think this wont go to production, all the more fuel for our to freedom

Then again, this is AVZ, making all of us wait and practice humility along the way, for that I hate you AVZ. For those losing a bit of patience ... this stock has always come up with the goods, often (well most of the time) late, but it has always delivered. and for that I love you AVZ

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Sounds like the classic love/hate relationship!

 

[Sammy_da_Smile]

Hmmmmmmm

 

[CHB]

"These members of the government will also seize this opportunity, specifies the source, to formalize the discussions with the technical and financial partners, with a view to the establishment of a specialized fund « Financial vehicle », for the financing of the project of these electric batteries in ground floor."

Could this also factor in the financing of mining for the electric batteries? ie funding for AVZ

 

[Sterling]

Hey Hey, What's going on here then ???
Is this a possible Joint venture, a part sale, or something totally coming from left field?

Da Euchreman

DRC Mining Cadastre Map Portal - Spatial Dimension Landfolio

drclicences.cami.cd

 

[Winenut]

You know Frank I was just about to post "Probably a good day to go fishing!"

I don't think we have much longer to wait for the news we want

Personally I believe the ML announcement will come next week and things will be wrapped up prior to April 30

Lithium is getting a bit of a hammering today after a stellar run and the DOW wasn't flash overnight in general so it's just a bit of heat out of the overall market

Yes a tough day if you look at the screens ........but if you're wettin' a line it will all be fine

AIMHO

Not financial advice

 

[Samus]

What about those of us that don't live near any waterways?
I guess going fishing in the septic tank would be better than watching this again

 

[BRICK]

What a out those of us that don't live near any waterways?
I guess going fishing in the septic tank would be better than watching this again

Good day to get on the saw and take it out on a few trees... or even better if you have an excavater in the backyard lol

 

[Freehold]

Hey Hey, What's going on here then ???
Is this a possible Joint venture, a part sale, or something totally coming from left field?

Da Euchreman

View attachment 4773

DRC Mining Cadastre Map Portal - Spatial Dimension Landfolio

drclicences.cami.cd

My take is its expediency on the part of the DRC mining dept.

AVZ have submitted a request for Mining License on Roche Dure (RD) which has been drilled out tested and has DFS completed. AVZ have satisfied all requirements to have mining license awarded here.

However to the north east Carriere De Est (CDE) has only had scout drilling and prelim metallurgicals done and none of the detailed DFS work done as yet. Therefore Mining license for CDE is not awarded there as we have not done all the work there ... "YET".

So it appears they may have, for expediency sakes, split the two tenements. AVZ however is still owner of both tenements as shown below. I would expect that the CDE ground will be subject exploration permit still whilst RD is exploitation until such time as CDE drill out and studies complete at which time the applied for mining license on it.

This screen below shot taken today "Actif En Renouvellement" translates as "Active in Renewal"

 

[cruiser51]

My take is its expediency on the part of the DRC mining dept.

AVZ have submitted a request for Mining License on Roche Dure (RD) which has been drilled out tested and has DFS completed. AVZ have satisfied all requirements to have mining license awarded here.

However to the north east Carriere De Est (CDE) has only had scout drilling and prelim metallurgicals done and none of the detailed DFS work done as yet. Therefore Mining license for CDE is not awarded there as we have not done all the work there ... "YET".

So it appears they may have, for expediency sakes, split the two tenements. AVZ however is still owner of both tenements as shown below. I would expect that the CDE ground will be subject exploration permit still whilst RD is exploitation until such time as CDE drill out and studies complete at which time the applied for mining license on it.

This screen below shot taken today "Actif En Renouvellement" translates as "Active in Renewal"

View attachment 4784

As part of the ML application Dathomir has to pay surface rights to the DRC, if AVZ is not intending to start mining the CdL section right now, why not separate, the 2 licenses, keep one half as an exploration license and convert the other half into a exploitation license and while cash is tight pay only half the surface rights at this stage? Maybe that is what behind it, time will tell. Going fishing is a great alternative and there is always the pub, it's skimpies day

 

[Dazmac66]

Skimpies??

 

[cruiser51]

Skimpies??

DYOR

 

[Winenut]

DYOR

Surely you don't live in Kalgoorlie?

 

[Samus]

As part of the ML application Dathomir has to pay surface rights to the DRC, if AVZ is not intending to start mining the CdL section right now, why not separate, the 2 licenses, keep one half as an exploration license and convert the other half into a exploitation license and while cash is tight pay only half the surface rights at this stage? Maybe that is what behind it, time will tell. Going fishing is a great alternative and there is always the pub, it's skimpies day

Not the barra, greens and jus for me after this week, no skimpies.
I'll have to get my wife to dress up (down) while I have my fillet'o fish.

 

[cruiser51]

You don't have to live in Kalgoorlie for skimpies,

 

[Dazmac66]

Surely you don't live in Kalgoorlie?

Haha. Yes I googled it this afternoon and didn't quite know how to respond. I've since penciled in a trip to Kalgoorlie!

 

[BEISHA]

looks like we're heading back to $1.05'ish until the mining minister and co. stops prioritising running around talking themselves up while they cant even sign a mining licence that has already fulfilled all criteria, or CATH at least hand over the money they said they would 2 months ago....bit lame,,,,but we dont really know everything of course. Oh well the wait continues, we'll get there, just a bit frustrating all these roadshows, and talk of his excellence is visiting the house of excellence to do excellent things but in reality an excellent mining licence is required that they dont seem to have the excellence to understand it's needed first and that a house needs a foundation before you put the bloody roof on lol

or how about an update on lead items and starting construction on infrastructure etc...like come on Nige this is the big end of town and we're getting the shit shorted out of us, no.50 on the ASX most shorted list

sorry just having a vent for once

" Excellent " post.......lol

 

[cruiser51]

" Excellent " post.......lol

Oh dear, just imagine....
Free travel, free meals, free accommodation, free drinks before dinner, free drinks after dinner and all you have to do is talk BS, why sign that away in a hurry?
AVZ is already fixing some roads, all for free, no need to sign anything.
Life is great, fun and full of freebies.
Next move will be to send 5,000 free Dathcom baseball caps for all DRC politicians, their wives and kids, cousins, nephews, nieces and all associates domestic animals with compliments from AVZ.

 

[Winenut]

Man that was a big hit on the DOW overnight...

I reckon the ol' portfolio is going to a dump next week unfortunately

Maybe ANZAC day will be a buffer and save a bit of pain at least on Monday....