Frank
Top 20
*Ditto Joe, No excuses ! No excuses why AVZ / Manono doesn't deserve a ML imminently atm
AVZ Discussion 2022
- Thread starter GazDix
- Start date
*Ditto Joe, No excuses ! No excuses why AVZ / Manono doesn't deserve a ML imminently atm
CashKing
Regular
Tomorrow Frank AIMO*Ditto Joe, No excuses ! No excuses why AVZ / Manono doesn't deserve a ML imminently atm
View attachment 3906
GLTAH
Xerof
Biding my Time 1971
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
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
Frank
Top 20
"The last ann regarding the extension with CATH was 1st April the same date that the DRC website was updated.
The extension was for 30 days. The time for the license to be issued is 30 days".
Tonster66
Food for thought
Frank
Retrobyte
Hates a beer
How to turn $4.5m into $80m. Nice work if you can get it!
Winenut
Go AVZ!
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
Biding my Time 1971
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
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
Regular
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.
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.
Remark
Top 20
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/
https://www.countypress.co.uk/news/20049469.electric-vehicle-chargepoints-hacked-show-porn/
Sammy_da_Smile
Regular
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.
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.
CashKing
Regular
I modded it myself mate, I guess I should remember “if you can’t say anything nice don’t say anything at all” but yes sometimes he’s painful & doesn’t stop winging when even at these prices & then complete opposite wtf , reminds me of my ex i thinkCan’t believe your post was moderated over at the Crapper cashcity..
I thought what you said was on point
Have been biting my tongue for a while, there is a nickname there that would stick I reckonhaha
Remark
Top 20
"Dear Ladies and Gentlemen,
After corona-related restrictions on travel and personal contacts, we are all the more pleased to be able to personally invite you with this email to the lunch presentation of the Australian raw materials company - AVZ Minerals Limited .
AVZ Minerals shares are traded in Australia and Germany: ASX: AVZ / FSE: 3A2
Their course has been at an unprecedented high for months: Over 400% in just 6 months!
Possible reasons for this, such as achievements, outlook, strategies and visions for AVZ's Manono lithium project, will be explained to us by Managing Director Nigel Ferguson in presentation events in Frankfurt, Stuttgart, Munich and Zurich. Personal discussions will be possible with a manager whose name will soon be associated with the very large global lithium producers.
Since his last visit in summer 2019, the Manono Lithium and Tin Project has made tremendous progress. With a 24% stake in Manono by the Chinese Suzhou CATH Energy Technologies worth USD 240 million, production is scheduled to start as early as the end of 2023.
In 2020, AVZ Minerals presented an impressive feasibility study for at least 20 years of profitable production, which can now be considered obsolete. AVZ, numerous bulk buyers, CATH and last but not least the Congolese government, which holds 25% of Manono, want to aim even higher. Instead of the previously calculated annual tonnage capacity of 4.5 million tons, the lithium mine should now be able to process 10 million tons of ore per year. After extensive drilling programs, the lithium reserves were expanded by more than 41% in a first step in 2021. JORC lithium resources identified to date are 401 million tonnes grading 1.65% lithium oxide. These are already world records for lithium projects.
At Manono, AVZ has only examined one of six identified pegmatite orebodies. In 2017, analysts from China's Ministry of Mines named the Manono Project as the Escondida of Lithium (largest copper mine in Chile). Significant amounts of mineable tin and tantalum also exist at Manono. Before the importance of e-metals could be recognized, there was a tin mine on the site.
Lithium mining from solid rock (pegmatite) clearly belongs to the future, in which sustainability of raw material production will be decisive for project developments. Far too much water was and is still wasted for lithium production from salt lakes, which we know from South America, among other places.
With the implementation of global e-mobility, raw materials such as lithium, copper, tin, nickel, manganese and cobalt are becoming increasingly important and the demand for them will grow even more rapidly. All of these metals are found in the Congo in particular. It is therefore not surprising that large Chinese investors are particularly well represented in this African country. China is also by far the largest producer of chemical components for the battery industry, which is also largely based in China. So far, there are numerous major investors from the Far East both in the share register and in the order books of AVZ.
The mine planned by AVZ Minerals is intended to extract lithium-rich ore from pegmatites and initially convert it into 6% spodumene concentrate (SC6). Chemicals suitable for batteries, such as lithium sulphate, hydroxide and carbonates can then be obtained from this. Within a short period of time, their prices have risen by clearly three-digit growth rates.
A world-class gold deposit has already been developed in the Congo with Moto Goldmines, and AXINO has been involved from the very beginning. Now it seems that we can repeat this success with AVZ Minerals.
Anyone who relies on lithium and future e-mobility should not miss this presentation by AVZ Minerals.
Please have a look at the latest video of AVZ and its Manono project at the end of this message.
AVZ Minerals has everything a budding producer with a world-class project needs:
Takeovers?
After corona-related restrictions on travel and personal contacts, we are all the more pleased to be able to personally invite you with this email to the lunch presentation of the Australian raw materials company - AVZ Minerals Limited .
AVZ Minerals shares are traded in Australia and Germany: ASX: AVZ / FSE: 3A2
Their course has been at an unprecedented high for months: Over 400% in just 6 months!
Possible reasons for this, such as achievements, outlook, strategies and visions for AVZ's Manono lithium project, will be explained to us by Managing Director Nigel Ferguson in presentation events in Frankfurt, Stuttgart, Munich and Zurich. Personal discussions will be possible with a manager whose name will soon be associated with the very large global lithium producers.
Since his last visit in summer 2019, the Manono Lithium and Tin Project has made tremendous progress. With a 24% stake in Manono by the Chinese Suzhou CATH Energy Technologies worth USD 240 million, production is scheduled to start as early as the end of 2023.
In 2020, AVZ Minerals presented an impressive feasibility study for at least 20 years of profitable production, which can now be considered obsolete. AVZ, numerous bulk buyers, CATH and last but not least the Congolese government, which holds 25% of Manono, want to aim even higher. Instead of the previously calculated annual tonnage capacity of 4.5 million tons, the lithium mine should now be able to process 10 million tons of ore per year. After extensive drilling programs, the lithium reserves were expanded by more than 41% in a first step in 2021. JORC lithium resources identified to date are 401 million tonnes grading 1.65% lithium oxide. These are already world records for lithium projects.
At Manono, AVZ has only examined one of six identified pegmatite orebodies. In 2017, analysts from China's Ministry of Mines named the Manono Project as the Escondida of Lithium (largest copper mine in Chile). Significant amounts of mineable tin and tantalum also exist at Manono. Before the importance of e-metals could be recognized, there was a tin mine on the site.
Lithium mining from solid rock (pegmatite) clearly belongs to the future, in which sustainability of raw material production will be decisive for project developments. Far too much water was and is still wasted for lithium production from salt lakes, which we know from South America, among other places.
With the implementation of global e-mobility, raw materials such as lithium, copper, tin, nickel, manganese and cobalt are becoming increasingly important and the demand for them will grow even more rapidly. All of these metals are found in the Congo in particular. It is therefore not surprising that large Chinese investors are particularly well represented in this African country. China is also by far the largest producer of chemical components for the battery industry, which is also largely based in China. So far, there are numerous major investors from the Far East both in the share register and in the order books of AVZ.
The mine planned by AVZ Minerals is intended to extract lithium-rich ore from pegmatites and initially convert it into 6% spodumene concentrate (SC6). Chemicals suitable for batteries, such as lithium sulphate, hydroxide and carbonates can then be obtained from this. Within a short period of time, their prices have risen by clearly three-digit growth rates.
A world-class gold deposit has already been developed in the Congo with Moto Goldmines, and AXINO has been involved from the very beginning. Now it seems that we can repeat this success with AVZ Minerals.
Anyone who relies on lithium and future e-mobility should not miss this presentation by AVZ Minerals.
Please have a look at the latest video of AVZ and its Manono project at the end of this message.
AVZ Minerals has everything a budding producer with a world-class project needs:
- Huge lithium deposit with further high potential for growth
- Global demand for lithium and other ferrous metals is exploding
- Mine license & completion of second feasibility study for Manono expected soon
- Potent major shareholders, numerous purchase guarantees and strong project partners
- Experienced management with many years of activities in the Congo
Takeovers?
Retrobyte
Hates a beer
Anything is possible I suppose, but remember we have CdL and tin as well. This could be divvied up in all sorts of ways.
Some interesting wording in the roadshow blurb for sure ....
"Personal discussions will be possible with a manager whose name will soon be associated with the very large global lithium producers. "
This looks like a challenge for the Europeans to have a crack ... "It is therefore not surprising that large Chinese investors are particularly well represented in this African country. China is also by far the largest producer of chemical components for the battery industry, which is also largely based in China. So far, there are numerous major investors from the Far East both in the share register and in the order books of AVZ"
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