RHyNO
Regular
Don’t tempt fate
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
Go AVZ!
Rio Tinto eyes lithium behemoth in the DRC
AVZ Minerals has been fighting to maintain control of its Manono project, with Rio Tinto and a Bill Gates-backed company eyeing the asset.www.australianresourcesandinvestment.com.au
New article Australian website.n
What the actual fuck is this???
I mean fuck me
Pretty hard to advance a fucking project when they don't grant the fucking licence after completing all pre-requisites which no-one fucking else had done
Makes my blood boil reading shit like that
Rant over
Normal transmissions will resume......imminently
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What rhymes with Vodka
TheCount
Regular
At ICSID we "gotcha"!
Remark
Top 20
Spikerama
Regular
I'll do the rhymes thank you very much.
IIRC previous articles didn't mention RIO already having meetings with DRC gov? So that's new info that hints at how progressed things could be behind the scenesRio Tinto eyes lithium behemoth in the DRC
AVZ Minerals has been fighting to maintain control of its Manono project, with Rio Tinto and a Bill Gates-backed company eyeing the asset.
New article Australian website.n
Mute22
Regular
Mentioned here:
Rio Tinto Talks With Congo Over Developing Prize Lithium Deposit
Rio Tinto Group has held talks with the Democratic Republic of Congo about developing one of the world’s biggest hard rock lithium deposits, in the latest sign of the miner’s enthusiasm for the battery metal.
www.bloomberg.com
Truce, working towards a ceasefire. This partly due to American influence? Can we expect further progress re:AVZ?
Winenut
Go AVZ!
I feel like shit and I'm bored out of my fucking mind....
Other than that it's fucking great!
Ref: https://www.africaintelligence.com/...at-drones,110438558-art?cxt=PUB&did=110249983
I wonder how long they'll last in the hands of the poor underpaid and under-resourced DRC army.
I can see them either flying upside down through the grand ballroom windows into the presidential ensuite, or sold on the streets of Goma in broad daylight to M23. Given that this is the DRC, the latter is more likely.
Cheers
F
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Winenut
Go AVZ!
No in all seriousness it's pretty cool
I'd never imagined just how far I could get without a personality
I did lapse for my (and the wife's) birthday a little over a week or so ago
Started with a glass of Pol Roger (my absolute recommendation for a starting point anytime you choose to fall off a wagon)
Then onto Italian whites and reds over dinner
Next morning completely rediscovered what it's like to have an actual hangover
They truly are fucking terrible things when you're no longer twenty something!
There..... transmission complete
No rant thank you Mr Ptlas
Hodlandwin69
Regular
To be honest, kinda sad to see them buying china drones instead of USA drones
Remark
Top 20
They're obviously working both sides of the street.
Carlos Danger
Top 20
We did it in record time. Fastest DFS in DRC history. The cancellation decree does refer to the disputes between Dathcom shareholders stalling the project so either the writer or the AI they used just misunderstood this comment imo
I stole this off Rattlerock over on the HotShitter in response to some scumbag lowlife.
"You say First Quantum wasn’t paid, that’s false. The $1.25 billion was a settlement negotiated between ENRC, the company that took over the mine, and First Quantum, not a judgment against the DRC. The deal was finalized in March 2012, and the payment was made in full. As a result of this settlement, First Quantum dropped its arbitration case against the DRC."
So DRC does have history when it comes to a 3rd party getting them out of the sh1t re arbitration . Replace ENRC with RIO/Kobold . Replace $1.25billion with $4 billion USD .
I'm transitioning.No in all seriousness it's pretty cool
I'd never imagined just how far I could get without a personality
I did lapse for my (and the wife's) birthday a little over a week or so ago
Started with a glass of Pol Roger (my absolute recommendation for a starting point anytime you choose to fall off a wagon)
Then onto Italian whites and reds over dinner
Next morning completely rediscovered what it's like to have an actual hangover
They truly are fucking terrible things when you're no longer twenty something!
There..... transmission complete
No rant thank you Mr Ptlas
Call me Beryl
Carlos Danger
Top 20
Ok I see First Quantum sued both Eurasian Natural Resourse Corporation ( ENRC) and the DRC . DRC took the project off First Quantum and gave it to ENRC .
"City analysts said ENRC's action had alienated shareholders and several big investors, including Standard Life, sold their holdings in protest."
"The agreement was struck on the basis that First Quantum drops all legal claims against the DRC and ENRC; the DRC has also pledged to terminate its claims against First Quantum."
Would RIO or Kobold do the same ? Shaft AVZ to get into bed with DRC Corruption and together with the DRC be sued at the ICSID by AVZ . A case they know they will lose . Now before ENRC did the dirty together with the DRC on First Quantum , did ENRC state First Quantum needs to be Appropriately Compensated ? I'm guessing not . The ICSID can still set the price if an agreement can't be reached with AVZ.
"The agreement was struck on the basis that First Quantum drops all legal claims against the DRC and ENRC."
They might be filthy grubby Corrupt C--ts, but they don't like those legal claims against them it would seem .
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