It means that AVZ have the right to match/better any offer that another party make. There is no set price. AVZ match it or walk away from the 15%
AVZ Discussion 2022
- Thread starter GazDix
- Start date
MoneyBags1348
Top 20
For too long shareholders had lost faith in Nigel, now he’s sneaking out photos of the latest drill core samples and photos of him shaking hands with leaders of other African states who are forming an alliance to upgrade transport routes for Manono’s lithium and the battery manufacturing hub on the border with Zambia. All along Nigel has said he has been having positive talks and support from Felix’s government, and although I don’t know what’s going on there, my thoughts are that Felix will have the Inspector General of Cominiere charged and won’t allow the communist monkey’s another bite at our cherry 
Felix knows AVZ will make the DRC billions and has already witnessed Zigin’s corruption, just my view but either way, we are as @The Fox said “in the box seat”
Felix knows AVZ will make the DRC billions and has already witnessed Zigin’s corruption, just my view but either way, we are as @The Fox said “in the box seat”Could be DRC playing their cards now - they know AVZ offer, could potentially fish for a better Zijin offer and at the end they profit.
I do like how AVZ has offered shares in the company, even better if it was escrowed for a few years. I think that's a great move by Nigel as it means the DRC fortune is tied amongst our own and helps to protect us through the next election.
I do like how AVZ has offered shares in the company, even better if it was escrowed for a few years. I think that's a great move by Nigel as it means the DRC fortune is tied amongst our own and helps to protect us through the next election.
IMO it boils down to a battle between Zijin and CATL. Whatever Zijin offers (assuming much higher than what AVZ offers), just need CATL to agree to match. If CATL can match, then CATL 24%. If CATL won't match, CATL 9% and Zijin 15%. In any case, AVZ 66% in the end.
Let's move it as quick as possible.
Let's move it as quick as possible.
Samus
Top 20
Ah yes I see, just catching up after a day out.
Basically what Franck said.
Hopefully see some sort of action this week without too much more fart-arsing around.
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LOCKY82
Regular
Things looking good again, first time I've felt slightly more comfortable in a while 
definitely need to keep the pressure on all these weasels though.
Also looks like Nellie did know something after all!?!?
Thank you Nellie for the heads up and putting up with some criticism here. A lot of people on edge.
Go AVZ GO!!!
definitely need to keep the pressure on all these weasels though.Also looks like Nellie did know something after all!?!?
Thank you Nellie for the heads up and putting up with some criticism here. A lot of people on edge.
Go AVZ GO!!!
cruiser51
Top 20
Things looking good again, first time I've felt slightly more comfortable in a while
Also looks like Nellie did know something after all!?!?
Thank you Nellie for the heads up and putting up with some criticism here. A lot of people on edge.
Go AVZ GO!!!
cruiser51
Top 20
Uglybob
Regular
I'd say Nigel has done a good job of keeping his powder dry, and is a firm believer of the saying 'Wolves don't concern themselves with the problems of sheep'.
Getting into an argument with Z wouldn't have helped. He had his response all prepared, t's crossed, I'd dotted, formatted and in a nice shiny binder ready to deliver to whomever needed it and put them back in their place.
He may not keep everyone abreast of what's happening, but it always seems to happen (eventually, or should that be imminently?).
Getting into an argument with Z wouldn't have helped. He had his response all prepared, t's crossed, I'd dotted, formatted and in a nice shiny binder ready to deliver to whomever needed it and put them back in their place.
He may not keep everyone abreast of what's happening, but it always seems to happen (eventually, or should that be imminently?).
Bin59
Regular
If the AVZ lawyers are saying “Zijin is out” it sounds like there will be no further offers or interference/challenges from them
I agree with
TDITD
Top 20
1. Zijin offer $300 million for 15%. DRC say wow that’s a great offer thank you so much, oh hang on a moment….oh dear would you look at this IGF report we found. So you actually value it at $300 million but you only wanted to pay $33 million, well looks like we are going to be laying charges for your law breaking BS
2. Zijin offer $300 million for 15%. CATL realise that 15% was actually supposed to be theirs so know they will now only get a possible 9% from AVZ. CATL then offer $350million plus will pay DRC govt share in Dathcom to develop the mine.
3. I take a syringe load it with acid and proceed to inject it into both eyes
2. Zijin offer $300 million for 15%. CATL realise that 15% was actually supposed to be theirs so know they will now only get a possible 9% from AVZ. CATL then offer $350million plus will pay DRC govt share in Dathcom to develop the mine.
3. I take a syringe load it with acid and proceed to inject it into both eyes
Dijon101
Regular
Zijin can fuck right off. 4 months of trading suspension. 4 MONTHS OF DELAYS!
There is no "battle" between zijin and CATL.
Zijin tried to do the dodgy back-door deal. However that has been the usual way to do business in Africa for way to long.
AVZ and their lawyers have been crossing all their T's and dotting all their i's.
DRC government have been true to their word and have been stomping out corruption.
Zijin have been given an "out" to save face. It's only an out though. I can't see zijin having anything further to do with monano now.
Zijin in DRC? Yes, but they will have to get used to doing business the new way in the DRC.
cominiere on the other hand. Heads must roll.
Is this a new dawn for the DRC and Africa in general?? We will see and I do hope so.
I really hope that lithium is the white gold for Africa and pulls their people out of poverty.
Happy Monday all!!
Swans to win the flag this year.
(never in doubt mind you)
JAG
Top 20
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I contacted AVZ today asking for confirmation and clarification of the Zijin matter. Regardless that the information originated from AVZ's legal team in Africa and is across a wide range of public forums, I feel we still need AVZ's public confirmation. You never know, we may also get a bit of additional information.
Cheers
F
Misfits
Regular
Good morning AVZ'rs. Fantastic news and I think once the ML is sorted and the surface rights paid (should happen quickly now IMO) it is blue skies ahead. Soooo many exciting announcements in the near term. The biggie is the BFS which should rerate us again. Have a great day and yep, no arbitration and your left nut is safe Jag 
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