AVZ Discussion 2022

[Frank]

Tesla posts record profit, Q1 sales jump 81% despite supply-chain disruptions​

Tesla stock rallies more than 5% after earnings beat; Musk promises a robotaxi for 2024 ​

“I’ve never been more optimistic and excited in terms of the future than I am right now,” Musk said in the call.

“We are obviously not demand-limited, we are production-limited — very much production-limited.”

DRC / AVZ / Manono - Right Place - Right Time

Need ML Right Away - Like Yesterday

Ring a Ding Ding - Don't forget the Tin

 

[CashKing]

Ignore stock yoda.

The little fucker did the same thing on the brainchip threads.
Soon as we all left, he migrated to the AVZ threads and continued in the same vein.

Misinformation and FUD is all he offers.

Looks like he’s back on the pipe and having a HC convo with himself again today

 

[Dijon101]

Is this a normal sort of delay to award a mining license?

Feels like we have been 'imminent' for 6 months now.

I mean I'm holding with no plans to sell, but starting to get frustrated that it's taking so long.

 

[CHB]

Is this a normal sort of delay to award a mining license?

Feels like we have been 'imminent' for 6 months now.

I mean I'm holding with no plans to sell, but starting to get frustrated that it's taking so long.

That's cause we have been imminiment for 6 months based on what Nigel told us.

The problem was Nigel didn't understand the steps and the timeframes involved.

 

[blu]

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

 

[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

View attachment 4722
View attachment 4723

View attachment 4724

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

View attachment 4722
View attachment 4723

View attachment 4724

Sounds like the classic love/hate relationship!

 

[Sammy_da_Smile]

Hmmmmmmm

 

[Frank]

most things to do with most governments around the world get delayed...you know how governments are....pretty bloody useless

and in terms of CATH $240m....China have all these bs rules that often delay big dollars being taken out of China

China battery giant CATL wins lithium project in race for materials​

Key Tesla battery supplier Contemporary Amperex Technology has won exploration rights to a lithium clay deposit in China, as surging demand for electric cars fuels a race to secure supplies of raw materials.

CATL, as the company is better known, bid 865-million yuan ($135-million) for the exploration rights to the deposit, which is estimated to contain about 2.66-million tons of associated lithium metal oxide, it said in a statement on Thursday.

An index of global lithium prices compiled by Benchmark Mineral Intelligence surged 280% in 2021 and another 127% in the first quarter as supply is squeezed by booming demand for EVs.

On Tesla’s quarterly earnings call Wednesday, CEO Elon Musk appealed for more investment in lithium mining, saying it is the “fundamental limiting factor” for EV adoption worldwide.

“CATL will speed up the exploration and development of lithium mineral resources and increase the supply of lithium in a bid to bring the prices of lithium related raw materials back to a reasonable level,” the company said in the statement.

The Ningde, Fujian-based company said its subsidiary, Yichun Contemporary Amperex Resources Ltd., won the rights for the deposit, which covers an area of 6.44 km2 in the eastern Chinese province of Jiangxi.

The win builds on an agreement CATL signed with the Yichun municipal government to jointly construct a new lithium-ion battery production base to better coordinate across the EV supply chain.

CATL last week announced it was partnering with State-owned Indonesian firms in a $6-billion project covering nickel mining, battery materials, manufacturing, and recycling, in a further effort to secure a wider array of base metal resources for battery production.

Rival LG Energy Solution said days later it was leading a consortium in a non-binding battery value-chain pact, without specifying any financial information.

www.miningweekly.com/page/lithium

 

[Frank]

Will tomorrow be the day for ML?

Antoinette N'SAMBA KALAMBAYI Finances Electric Battery Project today in Haut Katanga- DRC - Copperbelt Katanga Mining

Financing of the electric battery project Antoinette N'SAMBA KALAMBAYI is expected today Wednesday in Haut Katanga.

copperbeltkatangamining.com

ANTOINETTE N’SAMBA KALAMBAYI FINANCES ELECTRIC BATTERY PROJECT TODAY IN HAUT KATANGA- DRC

APRIL 20, 2022
Financing of the electric battery project Antoinette N’SAMBA KALAMBAYI is expected today Wednesday in Haut Katanga.

The Head of State will launch the Center of Excellence specialized in training and research in battery chemistry and technology.

Indeed, the Democratic Republic of Congo (DRC) aims to become a world leader in the production of electric car batteries, this is what emerged from the statement made by Congolese officials at the opening of the “DRC AFRICA BUSINESS FORUM ” forum organized last year in Kinshasa.

The Congolese authorities have, on occasion, highlighted the large deposits of lithium and cobalt that abound in the country in its south-eastern façade, in Katanga.

The DRC has 400 million tonnes of lithium and 25 million tonnes of cobalt on its reserves.

To make this project a reality, the Minister of Mines Antoinette N’samba Kalambayi will carry out an official mission from 20 to 25 April 2022 in Lubumbashi.

During her stay, the head of Mines will take part in the launch of the Center of Excellence specialized in training and research in battery chemistry and technology but also in the formalization of discussions with technical and financial partners for the financing of the electric battery project in the DRC.

Not today i'm sad to say, but

Towards the creation of an Advanced research center on electric batteries according to the vision of President Felix Tshisekedi​

Kinshasa, April 20th, 2022 (CPA) – The government of the Republic intends to launch, in the following days, an « Advanced research center on electric batteries » in the country, according to the vision of President Felix Tshisekedi.

The Head of State was informed of the execution of this vision during the Council of Ministers last Friday, reported by the Minister and spokesman Patrick Muyaya, during which the Minister in charge of Industry presented the state progress in setting up production plants for electric battery precursors in DRC.

The latter, in his report, informed the Council of the discussions initiated with the « Steinbeis Global Institute » (SGIT), to provide the country with a Center of Excellence Specialized in training and research in chemistry and battery technology, adding that « this center should support the emergence of a competitive value chain for batteries, electric cars and renewable energies in Africa ».

This project will contribute, he stressed, to creating stable jobs, building local economies and improving the well-being of the population.

“The University of Lubumbashi (UNILU) was chosen for the purpose of cooperating with German and Japanese partners, with the support of the United Nations Economic Commission for Africa (ECA), to set up this Advanced Research Center on batteries in the Democratic Republic of Congo. They will be supported by Mutoshi Technical School”, the minister said.

Three ministers in Lubumbashi to launch the Center

In this context, the Ministers in charge of Industry, Julien Paluku, that of Scientific Research and Technological Innovation, Jose Mpanda, and that of Mines, Antoinette Nsamba, left Kinshasa on Wednesday for Lubumbashi, capital of Haut-Katanga province, to launch the said Center of Excellence specialized in training and research in battery chemistry and technology, learned CPA from an official source.

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.

Last week’s Council of Ministers had set April 21st, 2022 for the launch in Lubumbashi of the activities of this Center of Excellence, which will be followed by exchanges with Afrexim Bank and other partners, on April 22nd, 2022, at Pullman of this city, on the aforementioned specialized fund.

ACP | Agence Congolaise de Presse

Agence Congolaise de Presse

acpcongo.com

 

[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

 

[Frank]

Musk appeals for more lithium production to meet battery demand​

Tesla Inc. Chief Executive Officer Elon Musk made a public appeal for more investment in lithium mining to close what he sees as a yawning gap between supply and demand that’s being fueled by the adoption of electric vehicles.

Battery production, and more specifically lithium, is the “fundamental limiting factor” for electric-vehicle adoption worldwide, Musk said on an earnings call with investors Wednesday.

“We think we’re going to need to help the industry on this front,” Musk said.

“I’d certainly encourage entrepreneurs out there who are looking for opportunities to get into the lithium business.

Lithium margins right now are practically software margins.”

Earlier Wednesday, Tesla reported a record first-quarter profit, helped in part by raising prices.

An index of global lithium prices compiled by Benchmark Mineral Intelligence surged 280% in 2021 and another 127% in the first quarter.

Soaring prices for lithium, a key ingredient in EV batteries, are increasing raw material costs for carmakers such as Tesla.

Copperbelt Katanga Mining - African Copperbelt's Top Mining News

African Copperbelt's Top Mining News

copperbeltkatangamining.com

Rivian CEO warns of electric-vehicle battery shortage on the horizon ​

Much of the battery supply chain isn’t built, challenging an industry aiming to sell tens of millions of EVs in coming years, CEO RJ Scaringe says.​

Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles—a challenge that he says could surpass the current computer-chip shortage.

Car companies are trying to lock up limited supplies of raw materials like cobalt, lithium and nickel that are key to battery making, and many are constructing their own battery plants to put more battery-powered models in showrooms.

Scaringe said building enough batteries will be among the biggest hurdles for an industry trying to boost electric-vehicle sales from a few million today to tens of millions within the decade.

The shortages will occur everywhere from the mining of raw materials, to processing them, to building the battery cells themselves, he said.

“Put very simply, all the world’s cell production combined represents well under 10% of what we will need in 10 years,” Scaringe said last week, while giving reporters a tour of the company’s plant in Normal, Ill.

“Meaning, 90% to 95% of the supply chain does not exist,” he added.

www.marketwatch.com

Ford stops taking orders for all-electric 2022 Mustang Mach-E​

American automotive giant Ford has stopped taking orders in the United States for the current model year of the all-electric Mustang Mach-E, due to high demand.

The 2022 Ford Mustang Mach-E page on the US Ford website currently states that, “Due to high demand, the current model year is no longer available for retail order. Limited inventory may be available at selected dealers. Contact your dealer for more information.”

The Mustang Mach-E was Ford’s first electric vehicle, when it debuted in late 2019, a sleek four-door SUV with the US auto giant’s iconic Mustang branding, a range of 505kms and acceleration of 0-100km/h in only 3.5 seconds (for the GT Performance Edition).

Ford announced late last year that it was planning to boost global production of all its current electric vehicles – including the Mustang Mach-E, the F-150 Lightning, and the E-Transit – to 600,000 units a year by 2023.

But it appears that the ramp-up of production has not happened fast enough to meet increasing demand for the Mach-E in the US, although it remains on sale in Europe and the UK.

Huge demand is not unsurprising, considering that it was rumoured Mustang Mach-E reservations had soared to more than 30,000 before launch in early January.

The Driven

The Driven is Australia’s most-read electric vehicle news site, covering the latest EV stories both in Australia and overseas.

thedriven.io

EVs can store power for our homes and the grid: Why ‘vehicle-to-everything’ technology is a must-follow investing theme ​

Biden’s Department of Energy joins Ford, GM, California utilities and others to launch a joint effort for using EVs to help the nation’s power grid ​

Electric vehicles are projected to take over the roads in the coming decades, but it’s their capability as a power storage source well beyond their own driving needs that increasingly captures the attention of the government, the private sector and investors.

It’s known as “vehicle-to-everything” technology (V2X) and it represents a growth area for the automakers themselves, as well as chip companies and other tech interests.

One industry report said it expects the global automotive V2X market to reach $3.3 billion by 2026, essentially up from zero.

On Wednesday, the Department of Energy along with DOE National Labs, California state and local government officials, utilities and private entities, announced a joint effort to commercialize the technologies that allow EVs to securely send extra power back to the national electricity grid.

Specifically, the effort involves bidirectional plug-in electric vehicles (PEVs).

The announcement was made at a net-zero-emissions electricians training facility in Commerce, Calif.

The technology can also be leveraged to help commercial buildings save money on heating, cooling and lighting costs, and to provide backup power to homes, essentially a four-wheeled generator in the garage.

It could also create new revenue opportunities for EV owners.

“Integrating charging technology that powers vehicles and simultaneously pushes energy back into the electrical grid is a win-win for the future of clean transportation and our energy resilience overall,” Deputy Secretary of Energy Dave Turk said.

The International Energy Agency estimates there will be 130 million electric vehicles TSLA on the road globally by 2030.

 In addition to increasing electricity demand, these EVs in total will contain 10 times the amount of energy storage needed by the grid.

The IEA’s most aggressive estimate — at 250 million EVs by 2030 — would mean that 6% of the batteries in the automotive fleet could potentially meet all the grid’s energy storage needs.

www.marketwatch.com

Food for thought as we wait patiently on the side of the Road with a Flat Tyre for that ML to arrive

Fingers crossed

Frank

 

[Euchreman]

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

 

[Frank]

Probably best to look away for the rest of the day and go Fishing imo

Or just go to the Pub and buy Fish'n'Chips on the way home

Fish fingers crossed we land that bloody ML this weekend

Food for thought

Bottoms Up

Cheers

Frank

 

[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