AVZ Discussion 2022

[Roller62]

*Easy, Just find an old abandoned Tin Mine and start Digging, for Minerals, mainly Tin, not Lithium, as

Many residents from Manono, a town in the southeast of the DRC make a living from an old cassiterite quarry.

Australian company AVZ Minerals has discovered huge lithium reserves in the region.

As they wait for an exploitation license, the project kindles hope for locals to secure their livelihoods.

Every day, the old quarry of Manono in the southeast of the Democratic Republic of the Congo is busy.

Here spades are thrusted into the soil, there men and women use digging bars to break up the rock.

Villagers from the former mining town, make a living off the minerals lying under their feet.

Mahuwa Wa ngoy, a Manono resident comes regularly:

"After digging everywhere in this old mining concession, I take a layer of sand to wash it in the river hoping to find at least 200 or 300 grams of cassiterite.

That’s how life goes."

Working in the old mine is also a matter of survival for the mother of three, Marceline Banza:

"I extract the cassiterite after washing the gravel, then I sell it to the trader. I sometimes earn 15,000 CFA francs ($7.50)."

A few kilometers away, in the storage shed belonging to the Australian company AVZ Minerals, businessman Nigel Ferguson looks at maps of the hard rock quarry at the Manono lithium mine. Five years ago, his company received a mining exploration permits and found huge reserves of the mineral.

AVZ Minerals then set up a company with Congolese company Cominière.

Undeveloped resource​

If exploited, Manono's lithium will help DRC better compete with other producing countries like China, Argentina or Chile. Niger Ferguson now has his finger crossed. He hopes to receive an exploitation license:

"We intend to spend in the order of 600 million dollars building a plant here.

That includes mining equipment up to processing plant, where we crush and grind the material and take it through a dense media separation plant. It then gets sorted out into size and we have a product called SE6, which is spodumene concentrate 6% lithium. The main product and we’ll produce about 700,000 tonnes of that material per annum."

Lithium production is also something some villagers wait for as they desire to secure their livelihoods.

If the authorities issue the licence, lithium production might become the main provider of jobs in Manono.

The city is located in the Tanganyika province which was created in 2015 following the division into four parts of the Katanga, an ore-rich region in the southern-eastern part of DRC.

www.africanews.com/2022/02/25/drc-lithium-exploitation-may-replace-tin-in-the-city-of-manono/

Tin and child labour I can understand - they have that problem to this day. AVZ is monitoring that it doesn't happen on their lease.

Not lithium and child labour

 

[Winenut]

Classic battle of the bots in the closing trade

Not sure who's going to win....the 87.5 bot or the new improved 88c bot

 

[Winenut]

wheres the $2 bot pls.

on a side note, can I have a moment of silence, I sat there looking at MLSOB yesterday and decided against grabbing a few mill at .002, and it hit .015 today. Lucky I own AVZ or I may just go cry in the fetal position

Never fear!

$2 bot being developed as we speak

 

[Azzler]

Tin and child labour I can understand - they have that problem to this day. AVZ is monitoring that it doesn't happen on their lease.

Not lithium and child labour

Yes it's clear AVZ wouldn't have anything to do with that.
But we're just talking about the reputation of the DRC, not specific to AVZ or Lithium mines.
They want to change that reputation.

 

[Winenut]

Hi mate
No, was talking to azzler who I think wrote it, but obviously I can't check it 'cos it was deleted.
Sorry for any confusion caused by me.

Actually apologies for my confusion!!!

You were definitely responding to Azzler and I have absolutely no idea why I thought you were talking to me!

I will simply claim red wine as a self defence.....

 

[Winenut]

It was designed to rile that nameless woman but I think I'm on ignore.

If anyone wants to rattle her cage with BS, I would be most grateful

Couldn't help myself....just did a bit of rattlin'

Felt good too

Apologies to all in advance

 

[Remark]

I think you really pissed off Linda today @Winenut

 

[Winenut]

View attachment 2079

I think you really pissed off Linda today @Winenut

mmm........possibly

But I challenge anyone to prove that every single thing I said was anything but 100% true!!!

 

[Winenut]

is @john25 amongst us??

I think he was crying out under sufferance for not being able to read morse code

Might try and help him get over the wall....or under the wire or whatever we have to do to get here

 

[Samus]

The best way to change ‘Global Public Opinion’ is to get on with it and prove to the world you can do it and it is happening.

Yes this is exactly what I was thinking in the context of what we're talking about.
"Mining licence is taking a little longer as they are all concerned about the global public opinion - read: want to better manage the battery chain"
If we're talking about "wanting to better manage the battery chain"
Then the first step would also be to give the okay since we'll likely not see any material out of the ground for the next two years anyway.
Surely these battery chain plans (still in their infancy) can be developed and resolved over that time.
Sounds like to me the DRC side need to get their shit together which has been evident since the business forum last year when it was surprising as to their lack of any real progress beyond an initial idea. I remember thinking (and expressing) back then how AVZ seemed light years ahead of any aspirations on the part of the DRC government and it did feel like even then that it may be detrimental in some way. In this case it sounds like maybe they still don't even know what their own preconditions are yet.
In terms of global public opinion, problems with China and all sorts of other possibilities spring to mind.
Classic and typical lack of any meaningful detail on Nigels part really...
Boils down to - wait and see (again)
Imo.

 

[Winenut]

As a Long Term AVZ shareholder / supporter, I wouldn't / couldn't care less or begrudge anyone from Manono, ( Men, Women or Children ) knowing how hard it is just to survive over there on a daily basis, who is trying to scratch a living out of Mountains of Waste sitting right on their doorstep, just a short walk away.

AVZ is monitoring that it doesn't happen on their lease.

What, 24/7 and by who, So are the Cobalt Mines on Foreign Correspondent the other night, but that doesn't Stop them, the only thing that keeps the Kids out and away from these places is an Education and a School that can accommodate them, but what happens on the weekends, or when the Schools are Full to overflowing, assuming there is one to go to in the first place, recently @140 Schools were washed away / damaged in DRC Floods


*To remind,

Haut-Lomami: nearly 140 schools collapsed following torrential rains

Heavy rains caused enormous damage in the five territories of Haut-Lomami province.

The most affected sector is certainly education: 136 schools collapsed and more than 10,000 students out of school, a provincial deputy said Thursday, February 24.

This natural disaster has aggravated the precarious situation of the inhabitants, whose fields have been destroyed by elephants.

The provincial deputy Paul Senga, president of the natural disasters commission of the provincial assembly, alerted this institution to this effect.

In addition to the damage caused by elephants and hippos in the fields, the torrential rains plunge the local population into great disarray.

They not only caused flooding, but also damaged several schools; thus forcing thousands of schoolchildren to join the mining quarries.

The provincial deputy Paul Senga launches this cry of distress: “The current assessment was established in consultation between local administrations, civil society, the customary chiefs of the affected entities.

A total of 136 schools collapsed, more than 8 to 10,000 students out of school.

We are issuing an urgent alert to the national authorities, to the central government so that they intervene in the educational sector, a cry of distress to the Minister of EPST so that he can lend us an attentive ear”.

Apart from school infrastructure, some health facilities were also affected by these torrential rains.


View attachment 2077

*As if that's not Bad enough, they poor people of the Congo have to Deal with Shit like this from a Mining Co on a regular basis , as

Thousands of people in danger in Lubumbashi due to CDM mining activities

In the Democratic Republic of Congo (DRC), about 30,000 people living in three districts of the city of Lubumbashi are affected by the mining activities of the Congo Dongfang Mining (CDM) company.

This Chinese company dumps huge quantities of wastewater in the Kasapa, Kamatete and Kamisepe districts, causing flooding and erosion, polluting water and soil.

The NGO Afrewatch, based in Lubumbashi, launched the alert on February 25, during the publication of its report on "CDM mining and its impacts on the environment and the health of populations".

For the time being, the CDM company does not comment on this report.

In the meantime, in the Kasapa district, Judith's family lives nearly 300 meters from the CDM factory.

This Friday, Judith could not go to school because it rained on the city and the canal that collects the water from CDM is flooded. Impossible to cross it.

“The company dumps its water every time it rains. I missed class there.

The canal was full and the water overflowed into our house. It is our daily ordeal, ”she testifies.

Further on, Wivine Tshibwabwa is sitting in front of the Health post where she works as a nurse.

Here, she receives several complaints from patients who blame the mining activity: “People often complain of urinary tract infections, skin rashes and respiratory infections.

Normally, we shouldn't live here.

For its part, the NGO Afrewatch, which investigated the environmental situation in this district, is formal.

The water and the soil are polluted in view of the results of the analyzes of the samples: “It was found, in the water and in the soil, a high concentration of copper and mercury.

By manipulating this water and this polluted soil, the population is exposed to diseases”, warns Jacques Kabulo, member of Afrewatch.

No reaction from CDM yet.

However, the environmental protection department has asked this company to set up a settling basin for its water so as not to discharge it into the neighborhoods.



View attachment 2080

Food for thought or in most cases in the DRC, No food at all

I even heard People were eating Dirt to survive recently

Frank

You truly are a crackin' human being Frank

Can't wait to meet you one day and buy you a drink

Thanks for posting

Cheers!

 

[Winenut]

Yes this is exactly what I was thinking in the context of what we're talking about.
"Mining licence is taking a little longer as they are all concerned about the global public opinion - read: want to better manage the battery chain"
If we're talking about "wanting to better manage the battery chain"
Then the first step would also be to give the okay since we'll likely not see any material out of the ground for the next two years anyway.
Surely these battery chain plans (still in their infancy) can be developed and resolved over that time.
Sounds like to me the DRC side need to get their shit together which has been evident since the business forum last year when it was surprising as to their lack of any real progress beyond an initial idea. I remember thinking (and expressing) back then how AVZ seemed light years ahead of any aspirations on the part of the DRC government and it did feel like even then that it may be detrimental in some way. In this case it sounds like maybe they still don't even know what their own preconditions are yet.
In terms of global public opinion, problems with China and all sorts of other possibilities spring to mind.
Classic and typical lack of any meaningful detail on Nigels part really...
Boils down to - wait and see (again)
Imo.

Certainly appreciate many of your comments there @Sammael

I think the DRC is in a very difficult position ...I'll explain

Yes they desperately and rightly want to develop the battery chain in their country (and granting the mining licence would logically seem to be the thing to get it all going)

But under previous regimes the DRC has made some very poor (and probably corrupt) arrangements to progress certain ventures

So I think this is a case of the DRC just really wanting to get this one "right"

And I mean "right" in a lot of contexts..... Politically, financially, legally, contractually, socially, community, future, stakeholders, grass roots you name it

So I reckon they want to try and get as much as they can right "upfront".....rather than hoping and relying on getting it sorted "down the track"

I know it's unrealistic to think you'll get eveything right upfront.....and trying to achieve some sort of "perfection" ultimately leads to paralysis by analysis.......but I'll cut the DRC a fair bit of slack while they work towards getting this once in a lifetime opprtunity up and running on the right tracks

We will all be the better for it IMHO

Cheers
Nut

 

[Misfits]

Oh if this Linda/Trading girl only knew what we know. She is desperately trying to find out where he is, probably to buy back in....

 

[JAG]

I just got permanent banned from the crapper. It’s not like I told them anything they didn’t already know
I consider this a right of passage and encourage others to entertain this worthy milestone achievement.

As a Long Term AVZ shareholder / supporter, I wouldn't / couldn't care less or begrudge anyone from Manono, ( Men, Women or Children ) knowing how hard it is just to survive over there on a daily basis, who is trying to scratch a living out of Mountains of Waste sitting right on their doorstep, just a short walk away.

AVZ is monitoring that it doesn't happen on their lease.

What, 24/7 and by who, So are the Cobalt Mines on Foreign Correspondent the other night, but that doesn't Stop them, the only thing that keeps the Kids out and away from these places is an Education and a School that can accommodate them, but what happens on the weekends, or when the Schools are Full to overflowing, assuming there is one to go to in the first place, recently @140 Schools were washed away / damaged in DRC Floods


*To remind,

Haut-Lomami: nearly 140 schools collapsed following torrential rains

Heavy rains caused enormous damage in the five territories of Haut-Lomami province.

The most affected sector is certainly education: 136 schools collapsed and more than 10,000 students out of school, a provincial deputy said Thursday, February 24.

This natural disaster has aggravated the precarious situation of the inhabitants, whose fields have been destroyed by elephants.

The provincial deputy Paul Senga, president of the natural disasters commission of the provincial assembly, alerted this institution to this effect.

In addition to the damage caused by elephants and hippos in the fields, the torrential rains plunge the local population into great disarray.

They not only caused flooding, but also damaged several schools; thus forcing thousands of schoolchildren to join the mining quarries.

The provincial deputy Paul Senga launches this cry of distress: “The current assessment was established in consultation between local administrations, civil society, the customary chiefs of the affected entities.

A total of 136 schools collapsed, more than 8 to 10,000 students out of school.

We are issuing an urgent alert to the national authorities, to the central government so that they intervene in the educational sector, a cry of distress to the Minister of EPST so that he can lend us an attentive ear”.

Apart from school infrastructure, some health facilities were also affected by these torrential rains.


View attachment 2077

*As if that's not Bad enough, they poor people of the Congo have to Deal with Shit like this from a Mining Co on a regular basis , as

Thousands of people in danger in Lubumbashi due to CDM mining activities

In the Democratic Republic of Congo (DRC), about 30,000 people living in three districts of the city of Lubumbashi are affected by the mining activities of the Congo Dongfang Mining (CDM) company.

This Chinese company dumps huge quantities of wastewater in the Kasapa, Kamatete and Kamisepe districts, causing flooding and erosion, polluting water and soil.

The NGO Afrewatch, based in Lubumbashi, launched the alert on February 25, during the publication of its report on "CDM mining and its impacts on the environment and the health of populations".

For the time being, the CDM company does not comment on this report.

In the meantime, in the Kasapa district, Judith's family lives nearly 300 meters from the CDM factory.

This Friday, Judith could not go to school because it rained on the city and the canal that collects the water from CDM is flooded. Impossible to cross it.

“The company dumps its water every time it rains. I missed class there.

The canal was full and the water overflowed into our house. It is our daily ordeal, ”she testifies.

Further on, Wivine Tshibwabwa is sitting in front of the Health post where she works as a nurse.

Here, she receives several complaints from patients who blame the mining activity: “People often complain of urinary tract infections, skin rashes and respiratory infections.

Normally, we shouldn't live here.

For its part, the NGO Afrewatch, which investigated the environmental situation in this district, is formal.

The water and the soil are polluted in view of the results of the analyzes of the samples: “It was found, in the water and in the soil, a high concentration of copper and mercury.

By manipulating this water and this polluted soil, the population is exposed to diseases”, warns Jacques Kabulo, member of Afrewatch.

No reaction from CDM yet.

However, the environmental protection department has asked this company to set up a settling basin for its water so as not to discharge it into the neighborhoods.



View attachment 2080

Food for thought or in most cases in the DRC, No food at all

I even heard People were eating Dirt to survive recently

Frank

Great stuff mate. love it!!!!

 

[JAG]

This one goes out to Deboss.........The Man, The Ghost, The Legend......who is here

Good morning @great_martis

 

[Roller62]

As a Long Term AVZ shareholder / supporter, I wouldn't / couldn't care less or begrudge anyone from Manono, ( Men, Women or Children ) knowing how hard it is just to survive over there on a daily basis, who is trying to scratch a living out of Mountains of Waste sitting right on their doorstep, just a short walk away.

AVZ is monitoring that it doesn't happen on their lease.

What, 24/7 and by who, So are the Cobalt Mines on Foreign Correspondent the other night, but that doesn't Stop them, the only thing that keeps the Kids out and away from these places is an Education and a School that can accommodate them, but what happens on the weekends, or when the Schools are Full to overflowing, assuming there is one to go to in the first place, recently @140 Schools were washed away / damaged in DRC Floods


*To remind,

Haut-Lomami: nearly 140 schools collapsed following torrential rains

Heavy rains caused enormous damage in the five territories of Haut-Lomami province.

The most affected sector is certainly education: 136 schools collapsed and more than 10,000 students out of school, a provincial deputy said Thursday, February 24.

This natural disaster has aggravated the precarious situation of the inhabitants, whose fields have been destroyed by elephants.

The provincial deputy Paul Senga, president of the natural disasters commission of the provincial assembly, alerted this institution to this effect.

In addition to the damage caused by elephants and hippos in the fields, the torrential rains plunge the local population into great disarray.

They not only caused flooding, but also damaged several schools; thus forcing thousands of schoolchildren to join the mining quarries.

The provincial deputy Paul Senga launches this cry of distress: “The current assessment was established in consultation between local administrations, civil society, the customary chiefs of the affected entities.

A total of 136 schools collapsed, more than 8 to 10,000 students out of school.

We are issuing an urgent alert to the national authorities, to the central government so that they intervene in the educational sector, a cry of distress to the Minister of EPST so that he can lend us an attentive ear”.

Apart from school infrastructure, some health facilities were also affected by these torrential rains.


View attachment 2077

*As if that's not Bad enough, they poor people of the Congo have to Deal with Shit like this from a Mining Co on a regular basis , as

Thousands of people in danger in Lubumbashi due to CDM mining activities

In the Democratic Republic of Congo (DRC), about 30,000 people living in three districts of the city of Lubumbashi are affected by the mining activities of the Congo Dongfang Mining (CDM) company.

This Chinese company dumps huge quantities of wastewater in the Kasapa, Kamatete and Kamisepe districts, causing flooding and erosion, polluting water and soil.

The NGO Afrewatch, based in Lubumbashi, launched the alert on February 25, during the publication of its report on "CDM mining and its impacts on the environment and the health of populations".

For the time being, the CDM company does not comment on this report.

In the meantime, in the Kasapa district, Judith's family lives nearly 300 meters from the CDM factory.

This Friday, Judith could not go to school because it rained on the city and the canal that collects the water from CDM is flooded. Impossible to cross it.

“The company dumps its water every time it rains. I missed class there.

The canal was full and the water overflowed into our house. It is our daily ordeal, ”she testifies.

Further on, Wivine Tshibwabwa is sitting in front of the Health post where she works as a nurse.

Here, she receives several complaints from patients who blame the mining activity: “People often complain of urinary tract infections, skin rashes and respiratory infections.

Normally, we shouldn't live here.

For its part, the NGO Afrewatch, which investigated the environmental situation in this district, is formal.

The water and the soil are polluted in view of the results of the analyzes of the samples: “It was found, in the water and in the soil, a high concentration of copper and mercury.

By manipulating this water and this polluted soil, the population is exposed to diseases”, warns Jacques Kabulo, member of Afrewatch.

No reaction from CDM yet.

However, the environmental protection department has asked this company to set up a settling basin for its water so as not to discharge it into the neighborhoods.



View attachment 2080

Food for thought or in most cases in the DRC, No food at all

I even heard People were eating Dirt to survive recently

Frank

I don’t think AVZ want cave ins and potential deaths on their hands!

They will not want villagers digging around on AVZ leases.

 

[Samus]

Certainly appreciate many of your comments there @Sammael

I think the DRC is in a very difficult position ...I'll explain

Yes they desperately and rightly want to develop the battery chain in their country (and granting the mining licence would logically seem to be the thing to get it all going)

But under previous regimes the DRC has made some very poor (and probably corrupt) arrangements to progress certain ventures

So I think this is a case of the DRC just really wanting to get this one "right"

And I mean "right" in a lot of contexts..... Politically, financially, legally, contractually, socially, community, future, stakeholders, grass roots you name it

So I reckon they want to try and get as much as they can right "upfront".....rather than hoping and relying on getting it sorted "down the track"

I know it's unrealistic to think you'll get eveything right upfront.....and trying to achieve some sort of "perfection" ultimately leads to paralysis by analysis.......but I'll cut the DRC a fair bit of slack while they work towards getting this once in a lifetime opprtunity up and running on the right tracks

We will all be the better for it IMHO

Cheers
Nut

Admittedly I have no idea what sort of conditions could get caught up in this technical approval process and how thorough it might need to be before approval of the licence.
But it's becoming clear that we've been well and truly caught up with the the DRC's broader ambitious along with past mistakes.
On face value I'd have thought that the environmental approvals might have proven the more tricky part.
Hopefully you are right in your assumptions which I don't have any reason to disagree with but I'd still say they need to get their shit together in order to catch this lithium boom at the right time and for their own sake as much as anyone else's.
I'd only add that none of this really seems to reflect well on managements interpretations of the actual situation on the ground so far. Hopefully Nigel can more effectively respond to and rectify any outstanding issues in person.

 

[CHB]

Send it to him right after the ML is approved

 

[Winenut]

For anyone who may have missed this Top Rated Post on "The Crapper" by our friend Thorgin yesterday, here it is just for Shits & Giggles

View attachment 2122

I reckon we should send Nigel a Framed Print for his Office on his Birthday or Xmas - whichever comes first imo

Although i'm sure he wouldn't want to be reminded why the ML is taking so Feckin' long on a Daily Basis tbo


*To remind,

View attachment 2123

Now all we need is to get Thorgin onboard TSE asap

Food for thought

Frank

Righto ...

Gotta get Thorgin on board...

 

[Doc]

KE dumped half his shares on that shocker day, then a month later resigned then was retained as a consultant till early Q4 2018.

Question is why dump? Sector sentiment decline was a screen, limit of his intentions also covers, pointing to others selling is another. My reckoning is he hid something even more alarming: that AVZ was deliberately misled by a consultant regards BNB (Chinese investors quickly saw this, English Aussies : no) — after all nothing came of the BNB MOU -/ everyone was waiting for project finance after Manono visit and nada emerged till KE dumped,

issue is Did AVZ rely too much on that consultant when going public on that MOU relationship? Is that a fair question? Did KE in a way drink the poison chalice of notoriety by deflecting from a more fundamental question about management being led ‘down the garden path’? Even so, is management required to do its own due diligence on particulars? Where’s responsibility?

Again, big questions arise with going to mine.

How do people see AVZ running MLTO?

KE was there for the takeover and quick dollar, that’s it. When the take over didn’t materialize he bailed. End of story