AVZ Discussion 2022

Been outside of reception over the weekend, so catching up on everyone's input now. Just throwing in my thanks to the feedback posted from those that attended the AGM and relayed it here. There's a much more positive tone on the back of securing the funding from Locke, and hopefully renewed energy on the board to really start driving this home via legal proceedings. I want my fucking money, but I'm not willing to accept some piss-ant offer either. I want to see a justified ROI from all the bullshit we've been put through from Chyna, corrupt cunts in the DRC, and the domestic fucknuts that have been actively working to undermine the company. Still a long road ahead, but I feel better about it all than I did a few days ago.
 
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Frank

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BREAKING NEWS (1).jpg

AVZ Minerals Secures $15 Million Litigation Funding for DRC Disputes

AVZ Minerals Limited, a lithium mining company, has secured $15 million in litigation funding from Locke Capital II to support its legal efforts related to disputes over its mining projects, including the Manono project in the Democratic Republic of Congo (DRC).

AVZ CEO Nigel Ferguson expressed satisfaction with the agreement, stating on November 28: “Locke, a global litigation funder with a strong track record, has approved funding for AVZ, validating our strong position in these disputes and paving the way for a successful resolution.”

The company plans to draw an initial tranche of funds in December 2024, emphasizing its commitment to defending its legal rights for the benefit of shareholders and stakeholders, while advancing the Manono project.

The funding will exclusively cover legal fees for multiple arbitration proceedings, including:
  • Three ICC cases involving Congolaise d’Exploitation Minière and Jin Cheng Mining Company.
  • Two ICC cases involving Dathomir Mining Resources SARLU.
  • ICSID arbitration against the DRC.
  • It will also support other related disputes involving AVZ Minerals and its affiliates.
This funding arrangement allows AVZ to pursue critical legal battles without diverting resources from operational activities, underscoring the challenges of safeguarding interests in the lithium sector—key to the global energy transition.

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hedrox

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Vanfeder

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Thanks to everyone who reported from the AGM. I am well aware about general sentiment, that many of us want this saga has eventully a (happy) ending. My point of concern is the timing with lithium prices at the very low. Just had to observe the take over of Arcadium Lithium. I bought into Livent few years ago (basicall during the boom), then it merged with Allkem building Arcadium and now the company goes to Rio Tinto. With premium of rd. 90% on top of current share price i am still 30% in red. And Rio Tinto states on their website straight away, that they consider current market with low prices and low valuations being a favourable moment for acquisitions.
 
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It’s hard keeping track of who’s doing what, and to whom.

Can someone please do me favour and compile a list of all the people in the DRC who are not crooks.
 
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Winenut

GO AVZ!!!!
View attachment 73630

Christian has nothing to fear if he has nothing to do with it.

Pretty fucking simple really
 
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Remark

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It’s hard keeping track of who’s doing what, and to whom.

Can someone please do me favour and compile a list of all the people in the DRC who are not crooks.

That's gonna to be a really short list
 
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Frank

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Rediah

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IMG_1751.jpg


 
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Thaz

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Is that also a jab at Tom R for being petty? :sneaky:
 
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Flight996

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Reuters today 02 Dec 2024


Motherhood statements, and no mention of the importance of Manono or its pivotal position as the world's largest source of high grade lithium.

Despite views to the contrary, I believe that the Lobito Corridor rail once completed will be open to Chinese companies, including Zijin Mining shipping stolen LiO2 to port.

The Lobito Atlantic Railway consortium has previously stated it will not allow a monopoly situation to develop, which means that Chinese miners, including Zijin Mining could potentially use this route to export LiO2 mined at Carriere de l'Este (CDL) through Angola's Port of Lobito and on to China.

In any case, Chinese miners have multiple alternative options available in order to shift raw materials from mines site to ports on either side of the continent. These alternative transport options are part of China's Belt and Road initiative, which commenced a decade ago.

Cheers
F
 
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BRICK

Where’s Zeebot 😶‍🌫️
Actually never been.
Maybe we could all go for a few days when this shit is over.
😜
Its just a mud hole anyway.

Good place for crabs
 
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whales

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Reuters today 02 Dec 2024


Motherhood statements, and no mention of the importance of Manono or its pivotal position as the world's largest source of high grade lithium.

Despite views to the contrary, I believe that the Lobito Corridor rail once completed will be open to Chinese companies, including Zijin Mining shipping stolen LiO2 to port.

The Lobito Atlantic Railway consortium has previously stated it will not allow a monopoly situation to develop, which means that Chinese miners, including Zijin Mining could potentially use this route to export LiO2 mined at Carriere de l'Este (CDL) through Angola's Port of Lobito and on to China.

In any case, Chinese miners have multiple alternative options available in order to shift raw materials from mines site to ports on either side of the continent. These alternative transport options are part of China's Belt and Road initiative, which commenced a decade ago.

Cheers
F
No China does not control the port of lobito nor the major Tanzania Port of Der Salam .
Italian and Indian companies.
Doubt that South Africa will adhere to China control.
How much control will the USA let China have ???
With EU sanctions on Chinese EV already increasing maybe the world economies are serious on not letting China have a monopoly in critical minerals.
As for Felix getting a higher IQ for the benefit of his people we live in hope?
 
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Flight996

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No China does not control the port of lobito nor the major Tanzania Port of Der Salam .
Italian and Indian companies.
Doubt that South Africa will adhere to China control.
How much control will the USA let China have ???
With EU sanctions on Chinese EV already increasing maybe the world economies are serious on not letting China have a monopoly in critical minerals.
As for Felix getting a higher IQ for the benefit of his people we live in hope?

I didn't say China controls the port of Lobito (and certainly didn't mean to give that impression).

I said China has other transport options via its B&R initiative. I also doubt the USA alone will have control of the rail link. It's just one partner in a consortium, which is late to the party.

Cheers
F
 
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Flight996

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No China does not control the port of lobito nor the major Tanzania Port of Der Salam .
Italian and Indian companies.
Doubt that South Africa will adhere to China control.
How much control will the USA let China have ???
With EU sanctions on Chinese EV already increasing maybe the world economies are serious on not letting China have a monopoly in critical minerals.
As for Felix getting a higher IQ for the benefit of his people we live in hope?

I concur about Sth Africa.
That's a country trying really hard to implode.
 
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Winenut

GO AVZ!!!!
Its just a mud hole anyway.

Good place for crabs

"Good place for crabs"

The ones that live in the sea too I believe....
 
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cruiser51

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I didn't say China controls the port of Lobito (and certainly didn't mean to give that impression).

I said China has other transport options via its B&R initiative. I also doubt the USA alone will have control of the rail link. It's just one partner in a consortium, which is late to the party.

Cheers
F
 
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Agenda point for AGM 2024 last week was e.g.

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Where exactly can I find this?
 
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Frank

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WARNING:- This Article may induce severe Vomiting, Laughing Hysterically, Swearing Uncontrollably to name a few :sick: :ROFLMAO: 🤬

The DRC, a territory rich in diversified opportunities" (Prime Minister)

The Democratic Republic of Congo is a territory rich in diversified opportunities for investors, said the Prime Minister on Thursday in Tangier, Morocco, during a panel entitled "invest DRC", according to a press release from the Prime Minister's Office consulted on Friday, November 29, 2024 by the ACP.


"Judith Suminwa Tuluka highlighted the multiple sectors in which the DRC offers real investment opportunities.

From electricity to agriculture, including infrastructure, industry, digital technology and tourism, the country has unprecedented potential.

This diversity of opportunities makes the DRC fertile ground for entrepreneurs looking to explore new markets," the source said.

"With around 60% of its population representing vibrant and dynamic youth, the DRC is positioning itself as a key player on the African continent.

The Head of Government stressed that this abundant workforce is an undeniable asset for investors, offering them a solid base to develop innovative and sustainable businesses,” the statement added.

She continued: “The Prime Minister’s speech also addressed the issue of the political environment in the DRC, which has become more stable thanks to promising reforms.

This positive development strengthens the attractiveness of the country, thus creating a climate conducive to investment.

World leaders must take note of this significant progress to consider fruitful partnerships, said Judith Suminwa.


Strategically located in the heart of Africa, the DRC offers a potential market of 250 million consumers, facilitating access to other regional markets.

Judith Suminwa spoke of the importance of agreements such as AGOA, which position the DRC as a commercial hub of choice, ready to attract investors in search of growth.”

Securing investments: mechanisms put in place by Tshisekedi

The Prime Minister also noted the efforts made by the President of the Republic to put in place legal protection mechanisms to secure investments in the DRC.

These measures aim to build lasting trust between the State and investors, thus ensuring a robust and beneficial partnership.

"Since 2019, the year marking the first peaceful change of power at the top of the State, the Democratic Republic of Congo has resolutely committed, under the leadership of His Excellency the President of the Republic, Félix-Antoine Tshisekedi Tshilombo, to an ambitious process of cleaning up its business environment.

This process is supported by the implementation of various reforms in several key sectors of the economy, aimed at making this environment more attractive to investors," said the Head of Government.

A Call to Action to Establish Win-Win Partnerships

In her speech, Judith Suminwa made a clear call to international investors to consider the DRC as a preferred destination for their projects.

“The Democratic Republic of Congo represents a fertile ground for business and investment opportunities. We invite you to explore these possibilities and join our adventure of growth and development,” she said.


The Prime Minister also paid a significant visit to the stand dedicated to the Democratic Republic of Congo, hosted by the National Agency for the Promotion of Investments (Anapi), installed at the Palais des Arts et de la Culture in Tangier, which is currently hosting the forum.

During this dynamic exchange with potential investors, she stressed the importance of mutual commitment and promising opportunities to strengthen collaborations between the DRC and the business world.

The MEDays Forum, which continues until November 30, is not only a networking event, but also a platform where several world leaders, including the President of the Republic of Comoros, the Prime Minister of Guinea Conakry and other prime ministers and ministers, took part in discussions.

Expected in Kalemie, in the province of Tanganyika, for the closing of the Conference of Governors, the Prime Minister should finally leave Moroccan soil before the closing of the MEDays Forum.

AVZ Minerals.png



Kizito Pakabomba Advocates DRC’s Participation in Mining Indaba and PDAC 2025 to Unlock its Potential

Congolese Minister of Mines, Kizito Pakabomba Kapinga, has emphasized the importance of the Democratic Republic of Congo’s (DRC) participation in two key mining events in 2025: the Mining Indaba, from February 2 to 6 in Cape Town, South Africa, and the Prospectors and Developers Association of Canada (PDAC) forum, from March 2 to 5 in Toronto.

Minister Pakabomba highlighted these forums as critical platforms for promoting long-term economic growth and sustainable development.

He noted that such events provide opportunities to attract investments, form partnerships, and explore technological advancements in the mining sector.

The minister specifically underscored the PDAC’s value in helping the DRC enhance its geological research and certify its mineral reserves.

“Given its immense geological wealth, the DRC is poised to play a central role in the global race for critical minerals and in addressing contemporary challenges such as climate change,” stated the minister, according to the report.


The next Mining Indaba is expected to gather nearly 10,000 participants, including 1,200 mining operators and 1,500 investors, under the theme “Preparing African Mining for the Future Today.”

This event will offer the DRC a chance to showcase its vast mineral potential to a global audience, including opportunities in copper, cobalt, and other critical minerals essential for the energy transition.

The DRC government has approved the Minister of Mines’ proposal to participate in both events.

The delegation will aim to present the nation’s potential to meet global energy and climate challenges, reinforcing its position as a critical player in the supply of strategic minerals.

The government and stakeholders are now mobilizing to ensure the country’s effective representation, leveraging these international forums to attract investments and partnerships that will drive the DRC’s mining sector forward.


copperbeltkatangamining.com


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