AVZ Discussion 2022

[Flight996]

I respectfully disagree. Not once has the DRC done the right thing - they will only do the right thing when all other options are exhausted. Backing down now and granting the license will see the DRC then going head to head with #FuckZijin who will like make their own claims against the DRC.
The only thing that moves the needle is the ICSID case imo.

Mate, you are absolutely correct; the DRC cannot be trusted to honour any agreement it enters. You are also correct that the DRC does not want to butt heads with Zijin Mining. However, the DRC seems to be holding just a pair of twos in this three-handed poker game. ICC/ICSID rulings will probably go against it, and it is already exposed to approximately $AU100 million in penalties before even a single shot is fired.

I think that we are approaching a point of no return for the DRC. CATH has swapped horses.

As you suggest, the trick will be to manage Zijin.

Cheers
F

 

[Hudnut]

I wonder whats going thru Celestine head right now ?

Hopefully, 2308.86 / 303
He deserves it.

 

[Scoota30]

In a cath vs zinjin battle, who actually has the bigger dick?
are cath the alpha

Zijin = $80B AUD market cap
CATL = $240B AUD market cap

 

[cruiser51]

Mate, you are absolutely correct; the DRC cannot be trusted to honour any agreement it enters. You are also correct that the DRC does not want to butt heads with Zijin Mining. However, the DRC seems to be holding just a pair of twos in this three-handed poker game. ICC/ICSID rulings will probably go against it, and it is already exposed to approximately $AU100 million in penalties before even a single shot is fired.

I think that we are approaching a point of no return for the DRC. CATH has swapped horses.

As you suggest, the trick will be to manage Zijin.

Cheers
F

Totally agree.

DRC as well as Cath have shown they cannot be trusted.
Just remember the way Cath voted in 2023 November with MMGA and what would have happened if they would have won that vote.
We would not be talking AVZ today and your money would have been gone.

As far as I see it, AVZ has funding to continue the fight.
That funding came at a price.

Until AVZ has the entire title back (and Zijin off the tenement), the ML and access to power from the hydro power station, the arbitration fight will have to continue.

Giving up arbitration now, because Pei started to talk business is insane.
Pei started to realize that there could well be a possibility that they could lose the lot, that is the only reason Pei wanted to talk.
The way the deal was struck really didn't cost Pei anything, just a couple of moves on the chess board.

The foot has to be kept on the throat and any wriggle has to be answered with an extra bit of weight on that foot, to make sure they understand.

Fukkum

 

[Mr Inappropriate]

I am open to any suggestions, what you got ?

Thoughts and prayers.

 

[Pokok]

I will not be happy until all past fines up till now are paid without question or some other compensation , we have a mining licence unconditional , Zijin are completely and totally in the world news as to how they operate and totally out of the picture , after that I might order Chinese food again but let's see

 

[Pokok]

Oh yes and Tommy fu$c nuckle stick that ann where the sun don't shine you unaustralian knob sucker

 

[tonster66]

I see it as a case of good cop bad cop. The bad cop zijin have failed and now the good cop Cath save the day. The Chinese stay involved and the lives of those who have taken bribes will be saved.

 

[Dijon101]

I'll trust those with greater knowledge on what's been going on and take this as positive news.
A case of been starving for so long that I can't tell if this is a gourmet cookie or just some stale shitty biscuit from grandma.

Not going to delve into speculation about the future or what may be as that's not helpful.

What I can't help but think at this stage is in regards to our multiple court cases.
The delays, non payment of fees are all due to our opposition knowing they have fuck all chance of winning. AVZ should and will pursue these cases and expose the corrupt actors on an international stage and recover all fines on said parties.

Just nice to finally have some hopium

 

[oxxa23]

Brilliant news, but, I'll feel more comfortable when there's confirmation of the first $10m draw down... particularly if we've shot ourselves in the foot with Locke... or our chances of future Locke funding if needed with this transaction... although, I'm sure management would also be considering this too...

Happy new year fuckers

 

[BRICK]

grunt

 

[Uglybob]

Ugly Bob?

No. My business card has more dragons.

 

[Dijon101]

Yeah ok. Commiemanure can fuck right off.

A JV between AVZ and CATL to develop manono.

I've a question though. Comminierre as the partner and before they illegally sold part of the project to zijin had 24% of the project ?

They then sold 12% to zijin for approx $30 million? (Its been a long journey, can't recall exactly numbers)

Does this part of the announcement mean we've thrown the old JV out and replaced Cominière with CATL as a partner??

Essentially 30% for approx $260 million?
Or am I reading this wrong??

 

[Hodlandwin69]

In before tolate asks "but wheres the annual report?!?!"

 

[Dijon101]

@cruiser51

I'd say CATL were just doing what they thought would get the lithium out of the ground and into their batteries the fastest.

I think we can all agree Cominière are corrupt as fuck and zijin are slave drivers.

I'd say CATL are just typical "corporate" businessmen. Definitely still dickheads, but businessmen all the same

 

[Hodlandwin69]

I for one welcome our new Chinese overlords (I had a genetic test and it says I'm 5.5% Chinese)

 

[Frank]

Totally agree.

DRC as well as Cath have shown they cannot be trusted.
Just remember the way Cath voted in 2023 November with MMGA and what would have happened if they would have won that vote.
We would not be talking AVZ today and your money would have been gone.

As far as I see it, AVZ has funding to continue the fight.
That funding came at a price.

Until AVZ has the entire title back (and Zijin off the tenement), the ML and access to power from the hydro power station, the arbitration fight will have to continue.

Giving up arbitration now, because Pei started to talk business is insane.
Pei started to realize that there could well be a possibility that they could lose the lot, that is the only reason Pei wanted to talk.
The way the deal was struck really didn't cost Pei anything, just a couple of moves on the chess board.

The foot has to be kept on the throat and any wriggle has to be answered with an extra bit of weight on that foot, to make sure they understand.

Fukkum

Totally agree !

Did Cath grow a Conscience ? Probably Not !

Did Cath realise they were backing a Donkey ?

Probably !

Would Pei end up Shit Creek without a Paddle

Most likely !

 

[DiscoDanNZ]

I wonder if Mr. Pei put in a clause that Nigel has to call him Daddy from now on. It would be a deal breaker if I was Mr. Pei.

 

[BEISHA]

I wonder if Mr. Pei put in a clause that Nigel has to call him Daddy from now on. It would be a deal breaker if I was Mr. Pei.

daddy or didi ?

 

[Xerof]

daddy or didi ?

or cream pei