AVZ Discussion 2022

[hedrox]

And here comes the story interesting.....

If Andrew Forrest [ FMG } is involved in some kind of a deal...we should be all very happy... He is a true Ozzi icon and would look well and truly after us....let's see what plays out.

AVZ贏剛果（金）鋰礦官司 美勘探公司對其礦藏感興趣 - Australian Chinese Daily

【本報悉尼訊】據彭博社報導，澳洲證交所（ASX）上市的鋰礦勘探公司AVZ 在剛果民主共和國（剛果金）的陷入糾紛的開發項目引起了一位美國勘探公司的注意，這家美國勘探公司得到了美國兩位頂級富翁，微軟創辦人蓋茨和亞馬遜創辦人貝佐斯，以及澳洲鐵礦大亨傅列士（Andrew Forrest ）的支持。AVZ公司在與剛果（金）政府企業和中國礦業巨頭紫金礦業就Manono鋰礦資產的鬥爭中取得重大法律勝利後，美國勘探公司對有爭議的鋰礦藏資產的興趣增加。巴黎的一家國際仲裁法院命令捲入這一勘探開發權的剛果（金）國有礦業公司向AVZ支付3912萬歐元 （6750萬澳元）...

www.acd.com.au

 

[Mute22]

Does anybody have access to the new article on the West Australian?

My login is only on my work device.

Pretty sure this is it, via the #2 forum:


Al mining explorer backed by Bill Gates and Jeff Bezos hoping to cut a deal for Congo-stranded $AVZ Minerals
Adrian Rauso | The West Australian Mon, 24 March 2025 12:34PM

A cutting-edge mining company that counts the ultra-rich Bill Gates and Jeff Bezos as investors could reportedly throw Australian-based AVZ
Minerals a lifeline for part control over one of the world's largest hard rock lithium deposits.

The US-based KoBold Metals recently penned a letter to the #DRC Democratic Republic of Congo's rulers, Bloomberg has reported, amid early-stage conversations between the US and the DRC to form a critical minerals and security partnership. #criticalminerals

KoBold, which is known for using artificial intelligence to explore for commodities like lithium and copper, has proposed taking over a mining license.

KoBold's proposal also reportedly aims to resolve a long-drawn dispute involving AVZ
Minerals, China's #Zijin @Manonolithium Mining Group and the DRC government, according to a letter seen by Bloomberg.

The deposit "has the potential to become a large-scale, long-lived lithium mine," KoBold chief legal officer Sandy Alexander wrote in a letter to Congo President Felix Tshisekedi's @Presidence_RDC chief of staff on January 21.
The company "would welcome the opportunity to develop the asset," Mr Alexander said.

KoBold has more than 70 exploration projects around the world and is developing a copper mine in neighbouring Zambia.

The KoBold offer reportedly came days before President Tshisekedi proposed a minerals-for-security deal with US President Donald Trump's administration @realDonaldTrump @StateDept @marcorubio . DRC's government is battling a Rwanda-backed rebellion in its mineral-rich eastern provinces #M23_RDF_AFC

AVZ was developing the #Manono mining project in the DRC - touted as "the biggest lithium discovery on the planet". But in 2023 the DRC's government controversially split the licence and gave Zijin the northern portion.
The value of AVZ, which was listed on the ASX, was savaged by the licence split and its shares are currently delisted.

AVZ is fighting a bitter legal battle in hopes of winning back the whole deposit. Adding to the drama, The West Australian in December revealed that AVZ is under investigation by the Australian Federal Police over bribery allegations.

KoBold's plan is contingent on AVZ receiving
"appropriate compensation" and agreeing to transfer all its interests in the DRC.
Once all disputes are resolved, Zijin would keep the northern section of the deposit, and the US company would develop the southern portion.

KoBold also requested the Congolese government be the minority shareholder in any joint venture rather than state-owned
#Cominiere @cominiereSA , which was AVZ's partner before the relationship soured.

AVZ chief executive Nigel Ferguson @AvzMinerals told Bloomberg that one of the company's external lawyers was copied on the letter addressed to Anthony Nkinzo @Anthony_Nkinzo , who serves as President Tshisekedi's chief of staff.

 

[Randenj]

Does anybody have access to the new article on the West Australian?

My login is only on my work device.

Do you mean this one? https://thewest.com.au/business/min...al-for-congo-stranded-avz-minerals-c-18140631.

It's a bit of a rehash of previously published material. Can't guarantee I got it in the right order

 

[cruiser51]

Usual corporate BS.

'KoBold Metals is using modern technology and artificial intelligence to find and develop critical minerals needed for electric cars and green energy.'

So the intelligence is examining core samples.
The artificial is doing it without permission.

These guys are not our mates. If they were, then they would have arrived on the scene long before the fat lady was clearing her throat.
They are potential business partners / purchasers.
That is all.


AVZ did the hard yards - AVZ gets the cream.
We're in the box seat. Don't forget.
There will be a few more claiming to be Brian.

I can see Nige with his gavel.


Jens. Hmmmm!
I was bagging that chancer years ago.
He adds 2 + 2 + some unknowns and guesses that the answer is 5.
He knows that he won't be wide of the mark - close enough to call a near-miss. Like a few others on SM.
It's always a dynamic situation, so he's never 'wrong'.
Been doing it for ever.

BTW
When peple are shouting 50c, 78c $1 and other ridiculous amounts, I suspect that is the amount that they need to pay off their mortgage, retire, transition or whatever.
It would be based on their needs and not grounded in reality.

Everyone has an agenda. Including me.
Mine is ££££++++

£12

Stay strong and be patient.


Long way to go, me thinks.

I wouldn't deal with fukwits Kobold until after ICSID, unless they come with an offer in excess of your £12, prior to ICSID.
It is painfully obvious why they are trying to jump the ICSID verdict!!!
Don't have to be Einstein to understand that.

 

[Stag]

So reading between the lines of various comments of late, it sounds like Kobold made an offer around 6 months ago. This was duly rejected, presumably for being low-ball and opportunistic.

However shortly after this they gained unauthorised access to our core library. Cute.

Then in January they again went behind our back with a direct pitch to FT for control of Manono, albeit with the added sweetener of adequate compensation for AVZ.

If this is all correct, then their actions thus far present as hostile to our legally sound interests.

Since then, and following our recent ICC win, will Kobold now reappraise their approach and become a white knight prepared to recognise AVZ's true value?

If not, there are surely other contenders for Manono only too happy to do so.

Nigel told us at the AGM that no one has accessed the core library without permission.

 

[BRICK]

second worst song in the history of mankind with this taking the number one spot......

maybe we may be...

 

[BRICK]

Its yours Twiggy:

+

 

[Dave Evans]

@Winenut (s) I joined twitter to post information that could reach a wider audience and now I’m reading Jens post scenarios saying we don’t have the ML and there’s in country risk

I already posted a comment on the ML and as far as the in country risk KoBold would supposedly face….

According to the reports, part of any agreement between the DRC and the US includes US military support and permission for the US to have military bases in the DRC which significantly reduces in country risk. Add to that Trump has signed an Executive Order to use US Defence funds for accessing critical minerals. Doesn’t sound like KoBold is taking on too much risk to me

Jack Ma (KoBold) worth US$28 billion
Bill Gates (KoBold) worth US$107 billion
Jeff Bezos (KoBold) worth US$211 billion
Elon Musk (Tesla) worth US$327 billion

Add to the above that KoBold has a joint venture partnership with BHP to look for battery minerals

BHP worth $200 billion

View attachment 80046

BHP teams up with KoBold Metals to explore battery minerals

BHP has partnered with KoBold Metals, a mineral exploration company, to explore battery minerals in Australia and other countries.

www.mining-technology.com

If I was MD, I would say to the DRC, US and KoBold…. @Winenut (s) wants $12 and so do we, otherwise you can let Zijin and Vominiere deal with the M23 militia and the US and KoBold can look for low grade lithium somewhere else because the ICC and ICSID (World Bank) support our right to ownership

In the end I’m sure Nigel will get what he feels is the best deal for shareholders, especially when he knows it’s shareholders money he’s sitting at the table with

The truth is I’m spending too much time on the forums again thinking about AVZ, it’s now 2:46am here in Newy and I should be asleep

I thought I would add a little extra information on KoBold and what I reckon any fair offer would be

Last year August Cohen alluded to the fact that US investors (specifically KoBold) had offered to pay off all parties involved in the dispute of our project and form a JV with the DRC

Also last year, I heard that the US backers who had showed interest in negotiating with us, pulled out of the negotiations because they thought we wouldn’t get the Locke litigation funding

Is the penny dropping yet?

It looks to me like the KoBold offer was made to Tshisekedi (suggesting they were bypassing us) so I wouldn’t be surprised if KoBold were hoping we wouldn’t get the litigation funding and they could just slip on in and squeeze a deal out on the cheap

Those billionaires (and the companies that I mentioned above who are involved with KoBold) have a combined net worth of US$873 billion

So here’s KoBold now waltzing in with their mates at Bloomberg and other media outlets suggesting they are doing us a favour, while trying to do a deal with Tshisekedi that probably involves a vaguely transparent and vaguely opaque version of the brown paper bag

The hide of them is that some of their media reports are alluding to the fact that they will act honestly while we are in a dispute that questions our honesty, legality and integrity

What do I think we are worth….

Thats US$9.8 billion and then you can add on reputational damage and future loss of earnings

 

[Mute22]

Nigel told us at the AGM that no one has accessed the core library without permission.

What the heck was this all about then? More obscuration by our opponents to muddy the truth?

Perhaps NF was trying to get them in there unbeknownst to Cominere/Zijin ect.

 

[JNRB]

I thought I would add a little extra information on KoBold and what I reckon any fair offer would be

Last year August Cohen alluded to the fact that US investors (specifically KoBold) had offered to pay off all parties involved in the dispute of our project and form a JV with the DRC

Also last year, I heard that the US backers who had showed interest in negotiating with us, pulled out of the negotiations because they thought we wouldn’t get the Locke litigation funding

Is the penny dropping yet?

It looks to me like the KoBold offer was made to Tshisekedi (suggesting they were bypassing us) so I wouldn’t be surprised if KoBold were hoping we wouldn’t get the litigation funding and they could just slip on in and squeeze a deal out on the cheap

Those billionaires (and the companies that I mentioned above who are involved with KoBold) have a combined net worth of US$873 billion

So here’s KoBold now waltzing in with their mates at Bloomberg and other media outlets suggesting they are doing us a favour, while trying to do a deal with Tshisekedi that probably involves a vaguely transparent and vaguely opaque version of the brown paper bag

The hide of them is that some of their media reports are alluding to the fact that they will act honestly while we are in a dispute that questions our honesty, legality and integrity

What do I think we are worth….

View attachment 80135

Thats US$9.8 billion and then you can add on reputational damage and future loss of earnings

Don't forget these are all calculated on "business case" numbers.
But you don't get to put in a price for "geopolitical dominance" when doing a DFS.

So whatever number your thinking of, even if it's based on the compensation claims - add $5B+ for geopolitical advantage in the energy sector of the coming century

 

[cruiser51]

I thought I would add a little extra information on KoBold and what I reckon any fair offer would be

Last year August Cohen alluded to the fact that US investors (specifically KoBold) had offered to pay off all parties involved in the dispute of our project and form a JV with the DRC

Also last year, I heard that the US backers who had showed interest in negotiating with us, pulled out of the negotiations because they thought we wouldn’t get the Locke litigation funding

Is the penny dropping yet?

It looks to me like the KoBold offer was made to Tshisekedi (suggesting they were bypassing us) so I wouldn’t be surprised if KoBold were hoping we wouldn’t get the litigation funding and they could just slip on in and squeeze a deal out on the cheap

Those billionaires (and the companies that I mentioned above who are involved with KoBold) have a combined net worth of US$873 billion

So here’s KoBold now waltzing in with their mates at Bloomberg and other media outlets suggesting they are doing us a favour, while trying to do a deal with Tshisekedi that probably involves a vaguely transparent and vaguely opaque version of the brown paper bag

The hide of them is that some of their media reports are alluding to the fact that they will act honestly while we are in a dispute that questions our honesty, legality and integrity

What do I think we are worth….

View attachment 80135

Thats US$9.8 billion and then you can add on reputational damage and future loss of earnings

Don't forget Bloomberg himself is also in on the deal.

In other words it's uncle sam Inc. we are dealing with.

 

[Winenut]

Don't forget Bloomberg himself is also in on the deal.

In other words it's uncle sam Inc. we are dealing with.

dealing or somewhat fighting????

 

[Mute22]

At this stage I just want to know what is going on because it's all so engrossing.

This shit is better than a Tom Clancy novel, and we barely know what the hell is happening behind the scenes.

I can't even imagine how this has been for NF and co.

69 days to go..

 

[JNRB]

At this stage I just want to know what is going on because it's all so engrossing.

This shit is better than a Tom Clancy novel, and we barely know what the hell is happening behind the scenes.

I can't even imagine how this has been for NF and co.

69 days to go..

View attachment 80141

I trust NF to negotiate the best outcome for us, and that includes retaining the movie and merchandising rights

 

[JAG]

I trust NF to negotiate the best outcome for us, and that includes retaining the movie and merchandising rights

Agree, however STFU with merch mate......I have those rights ok

 

[KLCC]

https://x.com/deboss7788/status/1904100013015457835?s=46&t=7eher9Lok6SA1JuoJii_7A

 

[Mute22]

 

[Thaz]

IMO, all amounts below $7 are a cop-out and is a low-ball offer.

$12 Minimum.

$10ps + shares in the acquiring entity would be highly ideal imo.

My personal 'just do it - fking sign away' figure is $50ps.

 

[BEISHA]

I dont trust Gates or Bezo's as far as I can throw them, not sure who's worse Cominiere or /Mr jabby jab I wanna make fake canncerous meat and GMO mozzi's while buying all the farm land and telling you cow farts are killing us'....yeah nah,,, will wait for the money in the bank

View attachment 80140

Do you trust DEBOSS ?

Refer to @Mute22 recent post.