AVZ Discussion 2022
- Thread starter GazDix
- Start date
MoneyBags1348
Top 20
What you need to realise is that CATH (or rather CATL) is the biggest Li Battery Manufacturer in the world…. If the US want to manufacture Li batteries in Africa it will be compromised by the fact that CATH have offtake agreements in place for our SC6 (whether it be in raw or processed form??)…. And if the the US want it to manufacture Li batteries, then that might compromise the CATH TIA.
It’s all well and good as long as the US provides our financing (including the $20mil we will lose if we break the CATH TIA)…. I also don’t know how much of our product the US can contract in offtake when most of it is already under contract.
Though the news sounds positive overall, the above are just a few things to weigh up when considering our position
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Mr Inappropriate
Regular
Gold!
Most of the 4.5 mtpa is under contract but if US want to help in a 10mtpa with CATH at 9 % it is a win win as CATH through its link with CATL will be supplying car majors I'm the USA.
Why and how the DG of CAMI can hold up the surface rights is the issue IMO.
Unless parts of CDL remains unclear as management have never specifically said that CDL conflict is resolved.
DG of CAMI and the Green Grub are Chinese puppets . The Chinese want the ML . Read the Zijin report from May this year.
Xerof
Flaming 1967
Binding off takes so far based on 4.5mt pa (700k concentrate):
Ganfeng 160kmt pa, 5 years plus another 5years at their option
Chenxing 180kmt pa, 3 years, extended at MUTUAL agreement
Yibin (CATL) 200kmt pa, 3 years plus 2 more at their option
CATH (CATL) will take up to 50% of annual production if expand to 10mt pa (1600mt concentrate), so 800kmt to them (not sure if this excludes or includes Yibin supply)
There is some allowance for PLS within the first 3 contracts, IIRC about 45kmt pa for this
Overall, lions share would go to China in early years, but remember, CATH is yet to be signed off
Not a lot left for anyone else eh?
Wonderful strategic play by Felix to hold up the development on manono by not forcing the surface rights to be calculated which allowed him to negotiate US involvement and funding and by not coming down hard on ownership he has also driven down CATH investment down to 9% allowing once again for US involvement.
Well played son
Well played son
Mr Inappropriate
Regular
That would be quite some strategic play…
We’ve seen some high level bilateral and multilateral diplomatic engagement involving the DRC and U.S. governments of late. The U.S. made a significant strategic mistake in letting China get a grip over most of Africa over the last decade or so, and I’m confident that they would now be in the background pulling a few strings to address that imbalance.
Given that the U.S. are our strategic ally, I would expect that our interests are mutually aligned - hopefully their involvement works to our advantage. We’ll probably never know the extent of their influence - things will just happen.
Or maybe I’m just over-thinking things again…
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cruiser51
Top 20
Got a way with words good ol Jonnno
Cominière's fraudsters continue to commit the same acts of corruption. Trying to delay this project so they can facilitate the Chinese pigs who want to rob the DRC.
When I was a 5 year old kid, I was told by my French little friends, calling someone cochon was very bad and not nice, so we did it at times followed by a runner, great way to learn French and run fast, lol
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