AVZ Discussion 2022

[Bin59]

Where is Mupande in all of this mess? Surely he is steering MoM and letting her take the heat? Not a peep from him … hmm

Mupande???

 

[BRICK]

If this goes pair shape for AVZ, when Felix comes, my mates (whom I convinced to invest in AVZ) and I will have posters at the airport, along the freeway route and outside his hotel spelling out the corruption and theft of our investment (assuming he comes to Melbourne)

let me know ill be there

 

[Remark]

let me know ill be there

BYO pitchfork.

 

[obe wan]

BYO pitchfork. View attachment 29550

on no, please let's not have a pitchfork season .... the pineapple session was fucking painful to wade through.

 

[BRICK]

on no, please let's not have a pitchfork season .... the pineapple session was fucking painful to wade through.

Therers a wavepool next to the airport so ill take surfboard

 

[Pokok]

ahh fuck this if you cant give an update dont fucken type

 

[Hudnut]

Update: Still don't have the ML.

 

[Flexi]

If this goes pair shape for AVZ, when Felix comes, my mates (whom I convinced to invest in AVZ) and I will have posters at the airport, along the freeway route and outside his hotel spelling out the corruption and theft of our investment (assuming he comes to Melbourne)

and PLAN B : if he does not come to Melbourne we intend placing Ads in the DRC newspapers to this effect during the election campaign.
It may not achieve much but it could in a tight election. So I hope sanity prevails and the law of the country is followed. No more from me now just have to wait and hope for the correct outcome.

 

[Onthefm]

Update: Still don't have the ML.

What is the australian gov doing. Fuck all I'd say.
Seriously it's got to the stage where the world is going insular having an australian passport is embarrassing. Can you imagine the yanks copping this shit sweat if it was a us company. Not in a million years. Penny wong needs to get involved or be made to look impotent at best to the world at large.
I like about Penny as she's hard imo.

 

[John25]

What is the australian gov doing. Fuck all I'd say.
Seriously it's got to the stage where the world is going insular having an australian passport is embarrassing. Can you imagine the yanks copping this shit sweat if it was a us company. Not in a million years. Penny wong needs to get involved or be made to look impotent at best to the world at large.
I like about Penny as she's hard imo.

Blackout Bowen was showing off the $90K EV Chinese Ute on the weekend news that he expects us to buy …cant make them here though

 

[Carlos Danger]

What is the australian gov doing. Fuck all I'd say.
Seriously it's got to the stage where the world is going insular having an australian passport is embarrassing. Can you imagine the yanks copping this shit sweat if it was a us company. Not in a million years. Penny wong needs to get involved or be made to look impotent at best to the world at large.
I like about Penny as she's hard imo.

Remember when the gringos abandoned Kabul and there were heaps of Westerners stuck outside the airport?

And the French, British and USA special forces were doing secret missions to safe houses to extract their citizens?

And ScoMo was just like 'Nah sorry there's nothing we can do'

I think about that a lot. Thank fuck I have dual citizenship. Australia is an embarrassment on the world stage.

Nigel is correct in his assessment that the Australian government won't be able to help. They are fucking useless. There's a fair few USA and European investors in this stock which could help get their governments involved.

 

[Mr Inappropriate]

What is the australian gov doing. Fuck all I'd say.
Seriously it's got to the stage where the world is going insular having an australian passport is embarrassing. Can you imagine the yanks copping this shit sweat if it was a us company. Not in a million years. Penny wong needs to get involved or be made to look impotent at best to the world at large.
I like about Penny as she's hard imo.

I’ve written to the following Australian and US government agencies this week.

• The US State Department
• The US Embassy in the DRC (still technically part of the state department...)
• The Australian Embassy in Zimbabwe (which is where they run DRC from)
• The Australian Department of Industry, Critical Minerals Office

I’m pretty sure they would be aware of the situation prior to me writing to them. I have no clue as to what support, if any, is being provided.

I’m not expecting any return emails, but if feels better to have done this than sitting on my hands.
Hit me up with a PM if you want to know what I sent.

 

[Mr Inappropriate]

Remember when the gringos abandoned Kabul and there were heaps of Westerners stuck outside the airport?

And the French, British and USA special forces were doing secret missions to safe houses to extract their citizens?

And ScoMo was just like 'Nah sorry there's nothing we can do'

I think about that a lot. Thank fuck I have dual citizenship. Australia is an embarrassment on the world stage.

Nigel is correct in his assessment that the Australian government won't be able to help. They are fucking useless. There's a fair few USA and European investors in this stock which could help get their governments involved.

Do you remember the East Timor gas negotiation debacle? The government got involved there and could do so here if it chose to - we would probably never know if they did.

 

[Carlos Danger]

Do you remember the East Timor gas negotiation debacle? The government got involved there and could do so here if it chose to - we would probably never know if they did.

I'll believe in 'quiet diplomacy' when I see Julian Assange walk out of Belmarsh a free man

 

[Onthefm]

Do you remember the East Timor gas negotiation debacle? The government got involved there and could do so here if it chose to - we would probably never know if they did.

 

[Onthefm]

Do you remember the East Timor gas negotiation debacle? The government got involved there and could do so here if it chose to - we would probably never know if they did.

Yes mate they did on Woodsides behalf. But got to fucken greedy had to have it processed off shore or in aus all on Woodsides behalf. All the time paying timor last millions in aid. Moral to the story CORRUPTION is fucken everywhere.


The trouble is these dopey fucks can't get their collective heads around the fact that lithium is the new gas. And by the time they do it'll be to late. Welcome to the third world of the" lucky country "

 

[Onthefm]

Yes mate they did on Woodsides behalf. But got to fucken greedy had to have it processed off shore or in aus all on Woodsides behalf. All the time paying timor last millions in aid. Moral to the story CORRUPTION is fucken everywhere.


The trouble is these dopey fucks can't get their collective heads around the fact that lithium is the new gas. And by the time they do it'll be to late. Welcome to the third world of the" lucky country "

Sunshine is the name of the field don't know when it was discovered. But everyone in the industry / karatha was talking about it being the next big thing in 1986.

 

[CashKing]

What is the australian gov doing. Fuck all I'd say.
Seriously it's got to the stage where the world is going insular having an australian passport is embarrassing. Can you imagine the yanks copping this shit sweat if it was a us company. Not in a million years. Penny wong needs to get involved or be made to look impotent at best to the world at large.
I like about Penny as she's hard imo.

There is no MONEY in it for the Australian Government mate… That’s why.

Just cause a little Aussie Explorer has found a shit tonne of white gold over in Africa with Chinese trying to steal % etc, why would they step in…

Look what Nigel is dealing with FFS, You think the Australian Government wants this headache…

Until Felix sorts he’s own backyard out it’s very well know why no Australian Government will even bother

We can’t make cars that cheap let alone pay to extract lithium from Africa to turn into batteries over here to be even able to start making cars again…

Same reason we are not making Holden’s and Ford’s etc…

Thailand Does it cheaper for us..
It’s the same reason we export most of our good shit just to get packaged up in China etc and sent back for us to buy….

Talk about backwards but yeah…

Covid was great for a reminder where our produce and everything comes from, it’s great to support local but do you wanna work for $2 a day ?

That’s why they don’t give a fuck….

The government make more of cigarettes and alcohol than it will do getting involved in Australian owned African lithium mines unfortunately…

The best we are going to get in the end is the BS IMPORT TAX….

Look at all your shit, my fuxking oven mits are made in India , smokes in Indonesia, DA FUCK my Potato Peeler is made in China, No wonder Australian Government won’t get involved, The Fucking chairs they sit are made over seas right….

That’s why… Sorry fuckas rant over….

GLTAH

 

[Frank]

Kamoa owes the DRC 79 million USD", denounces the NSCC accusing in passing the DGDA of "complacency" in this case of settlement.

In a statement read this Monday, February 13, the New Congolese Civil Society (NSCC) denounced "delaying maneuvers" on the part of the mining company Kamoa Copper SA and the General Directorate of Customs and Excise (Dgda) relating to the transactional settlement of nearly 79 million Usd that this company owes to the Democratic Republic of Congo.

“Kamoa has been in the DRC since 2012.

As such, what he should import into our country, he should pay 2% of imports to customs, but he continued 5 years later to benefit from this 2% regime, whereas after 5 years, he should go to another 5% scheme.

This means that the DRC has a shortfall,” said Jonas Tshiombela, Nscc coordinator to the press.

The latter also accuses the authorities of the General Directorate of Customs and Assizes (Dgda) of "complacency" in this file, especially since they have never responded to the multiple requests for clarification sent to him by the Nscc. on this file.

“We denounce this delaying maneuver because the Nscc had to request a meeting with the inspectors who rectified this file, the Dgda never responded. We wrote several letters to Kamoa and the Dgda, with no response.

Which is suspicious for us when it is a public good whose management should be explained to the entire population,” added Jonas Tshiombela.

And to continue: “we learned at the last minute that the inspectors in charge of this file are insecure but we are unable to meet them”.

The Nscc calls in particular on the General Inspectorate of Finance (IGF) to open investigations to elucidate the slowness on this file.

Located in the city of Kolwezi, Lualaba province, the Kamoa Copper project comprises an underground mine and mill that produces blister copper and sulfuric acid.

According to the Nscc, the said company owes the DRC the sum of 79 million Usd following the violation of articles 196 and 197 of the law on the mining code.


*To Remind,

The Kamoa-Kakula Copper Mine — a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%) — is a very large, near-surface, flat-lying, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of the provincial capital of Lubumbashi.

Why am i not surprised - Re:- DRC / Zijin Dodgy as Fuck Dealings

Food for thought

Frank

 

[Carlos Danger]

We broke Tommy. Now he hates all lithium stocks. I guess Zijin are just trying to steal Manono for the lulz because apparently there is no money in mining it. What a fucking clown.

Lithium stock bubble pops for retail investors

Short-sellers are lifting bets against the most popular stocks to own among a new generation of investors in a direct clash of views.

www.afr.com

Lithium stock bubble pops for retail investors

Benchmark lithium carbonate prices fell for an eleventh straight day in China on Monday to an 11-month low, as short sellers raised their bets on Australian lithium stocks falling in 2023.

The latest ASIC data shows that five of the 16 most shorted stocks on the ASX are lithium hopefuls, after a younger demographic of retail investors hooked on mobile share trading apps made the same businesses the most popular stocks to own in 2022.

Core Lithium, Liontown Resources, Lake Resources, Vulcan Energy and Sayona Mining all have between 6 per cent and 10 per cent of their outstanding shares shorted.

Core Lithium was the most popular stock to trade among retail traders using budget brokerage app Stake in 2022, with Lake Resources the fourth most popular stock to buy, and Sayona Mining the seventh most popular, Stake’s data shows.

In the past six months the short sellers won the upper hand over retail traders, with Core Lithium down 37 per cent, Lake Resources tumbling 52.7 per cent, and Sayona off 14.3 per cent.

The steep declines are on the back of valuation concerns, easing lithium prices and mixed operating updates.

Morgan Stanley’s forecasts

Morgan Stanley said it expects total lithium carbonate supply to increase from 684,000 tonnes in 2022 to 968,000 tonnes in 2023 and 1.24 million tonnes in 2024. Australia already leads the world as a supplier, ahead of China and Chile. Australia is expected to bring the most new supply to market between 2023 and 2025.

Morgan Stanley also expects the US and Canada to ramp up supply, but not until after 2025 as a bevy of Canadian lithium explorer hopefuls hit the ASX boards.

Long development times mean Morgan Stanley expects North America to contribute just 52,000 tonnes of lithium carbonate to global supply in 2025, before that jumps to 208,000 tonnes in 2030 as North American governments help finance the energy transition.

Elsewhere, broker Citi said Brazil is set to ship its first cargo of high-purity battery grade lithium to China in April.

Brazil will contribute about 51,000 tonnes per year of lithium carbonate to the market by 2025, which would equal 8.8 per cent of the total production out of Australia on Morgan Stanley’s numbers.

Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.