Eeeeewwwww
And I thought you were a streetwise shonky accountant.
AVZ Discussion 2022
- Thread starter GazDix
- Start date
And I thought you were a streetwise shonky accountant.
Don't worry about it, happens to everyone here at some point. Can't be questioning the party line!
AVZ hardly an unknown miner to CATH. There was the 24% - $240 million arrangement between the two companies before Zijin and Comminere started their shit.
Maybe better stick to lurking only.
If you wish to bait people, HC is the place to go.
It is not about following the party line Roon, you are smarter than that.
It is all about asking leading questions and playing silly bugger.
It is called baiting.
If somebody comes through the revolving door with that mentality, he should not expect applause, better revolve the full 360 circle.
If it smells like a troll, walks like a troll and quacks like a troll, it highly likely is a troll.
DiscoDanNZ
Regular
Winenut
Go AVZ!
Last edited:
Carlos Danger
Top 20
Dutchaussie86
Member
Also known as FatCatz
I didn't mean that AVZ were unknown to CATH overall. I meant it in the sense that they were unproven for execution and that if manono was important for them strategically then they might not want the risk of having an unproven company develop it. My perspective at the time of the previous TIA was completely opposite and I believed the intentions (of avz) were to leverage that strategic supply to negotiate a good partnership position. Which I believe was a very good outcome for AVZ. I believed the knowledge that CATH brought to the table was of significant value when it came to chemical production and I believed that was necessary to make this project as profitable as possible considering the transport costs. I believe that a part of the process for CATH to partner in the first place they would be privy to the ins and outs of this project and they know better then anyone.
However, I also believe that over time the importance to CATH has been more solidified and hence not wanting the additional risk of execution out of their control. I think this is also why we're seeing the recent announcement / TIA. Because the game has changed and they are here to win.
Hi Carlos, appreciate the commentary and sharing to date. Lots of thought provoking posts. Thank you.
Regarding your question on Dathomir's 15%. I think the ICC case will go in AVZs favour as it seems like a classic case of buyers remorse and Id like to think they'll see through that. But there could easily be pieces of information that I simply don't know about that raise issues in the case.
I believe that in every scenario we need to have the blessings of the DRC government whether that is through accommodating some requirements I don't know about (e.g. bringing in a more established partner), or whether through pressure from political or legal means. Regardless i believe we need the DRC government blessings to proceed. I believe this because even if we win ICC they could cause all kinds of issues when going to apply those rulings within the country.
It would be reasonable to think the ICC case could start a chain reaction in favour of AVZ, flowing into ICSID. But to be honest based on this new TIA announcement I think a negotiation which includes the blessing from DRC government is more likely and definitely the way to go at this stage. We need their support.
So ultimately what you are saying is we need DRC Government support . Wow, absolute genius.
Lucas Don Velor
Regular
If CATH 'hyperthetically' considered AVZ to be high risk, then the option to purchase 49% of a hydroxide plant doesn't fit that narrative?!
Nah, my point is that maybe the arbitration that I was previously commenting on are less important to the overall scenario than many believe. Just sharing some thoughts on that mate. No need to be so hostile.
@Lucas Don Velor I think they would only want to give AVZ 49% if they had to. I don't think they have to for the right price they could own 100%... I think this TIA and some of the info in it could be necessary at this stage but could easily change in the future. Others have raised good points like CATH having the need for a western partner for commercial reasons and I also acknowledge that's relevant and a good point that counters my thoughts. Other good points do as well. I'm just trying to open up discussion to get various people's input to what might be going on.
One wonders why you have been lurking here and kept all this wisdom for yourself for 2 whole years.
Looks like a very selfish act to me.
We do share info here.
Ever tried to share all your wisdom with Shano, Tasmania's gift to Australia?
He and his maters buy AVZ shares for 1 cent.
Shano is still full of energy about BNB, go and have a chin wag with him.
He would love it.
You two would have a lot to share and never have a dull moment.
Btw, Zijin and anything DRC would hate a continuation of the arbitration cases with AVZ.
They haven't done that well so far through the arbitration courts.
You probably missed that tiny bit while you were only lurking.
It's not wisdom. I just wanted to further add to a discussion and provoke some others to share their thoughts. There's no doubt I have a bunch of things wrong but I'm just doing my best based on what I do know.
Not sure what you are getting at suggesting to talk to that Shane person. If my understanding is right they basically scammed a bunch of people into giving away their shares and I think that's absolutely disgusting.
There's no need to be rude to me about sharing some views on the current situation.
I agree that they probably wouldn't want the arbitration to continue. I didn't mean the arbitration isn't useful. It definitely helps apply pressure to negotiate. I was more commenting on the fact some people think the ICC case will result in some massive and immediate win. My thought is directly (the ruling) maybe not so much important if they're still hostile within the country then the block Is still there.
but don't know if there's any corresponding restrictions for AVZ to sell to a saudi company for example.
Saudi's and CATH would probably be quite happy with a JV. Both own the mine, CATH makes batteries in middle east
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