Jacob Kiraz
Emerged
Do you really think we'll get a $2 party
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Helios
Regular
Comparing Arcadium is not a true comparison as brine is included. Its better to keep simple and compare hardrock and hardrock processing only. Opex is usually lower with Brine after capex, however the deposit that AVZ owns is brilliant, and Capex will be on lower side if conventional DMS is used and Opex is low due to jurisdiction.
Production should be considered in in terms of how much can be extracted and then processed. Considering the quality of the deposit and easy way to think of it is to divide by 6 or 7.
As an example
extracted and processed via DMS = 1.2mt extracted and processed per year.
SC6 produced from 1mt (1,200,000 / 6) = 240,000 Sc6
Approximately 7x Sc6 for 1tonne of Carbonate (240,000 / 7 ) = ~35,000 LCE per year
Its been sometime since I have looked at the studies for AVZ so I am not sure if they were targeting 4.5mt p/y, or a sulphate, either way its worth far more than what Arcadium sold for which, if you followed the background noise, was way too low a valuation backed by a management group who folded and didn't put up a fight.... Well done AVZ
Xerof
High Hopes 1994
Not surprising, it was fairly amateurish.X post and Youtube video regarding Kobold Metals recent BBC World Service discussion about Manono have now been removed
Mute22
Regular
Silly Seppo, doesn't he know the internet is forever?
Not going to post as I am sure Nigel requested they quieten down, but everything gets kept on file.
Mute22
Regular
Weekly Wrap: Copper Colossus, AVZ's Gates-Bezos Play, and Oval's Story Deepens
With Gates and Bezos eyeing Congolese lithium, copper explorers making breakthroughs, and Argentina yielding monster deposits, the resource sector is showing serious signs of life
substack.com
AVZ Minerals: A global play attracting global names
Three years after trading suspension and nearly a year since being officially delisted from the ASX, AVZ Minerals might be on the verge of a breakthrough.This week may mark the beginning of a long-awaited turnaround for shareholders who've been trapped in limbo since May 2022.
AVZ has now signed a non-binding framework agreement with US-backed Kobold Metals to purchase its interest in the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC), the largest undeveloped hard-rock lithium deposit on the planet.
The implications here are big for all involved:
- Kobold Metals is backed by billionaires, including Bill Gates and Jeff Bezos, signalling the strategic relevance of the Manono project on the world stage.
- The US Government recently brokered a peace deal between the DRC and Rwanda, providing a platform for increased investment and regional stability.
- AVZ has publicly endorsed the new agreement and expressed support for US involvement, a sign that the company sees a viable resolution on the horizon.
- The agreement will enable KoBold to potentially deploy more than $US1 billion (AUD$1.55b) to bring the Manono lithium to Western markets.
Meanwhile, China's Zijin Mining, which was awarded part of the deposit in 2023, would retain control of the northern section while KoBold would develop the southern portion.
AVZ recently secured a US$67.5 million penalty in arbitration against Cominière for ignoring emergency orders in the ongoing dispute.
Framework for KoBold to buy AVZ’s interests in the Manono lithium. Source: Kobold Metals
The company's announcement also made it clear: the window for a constructive, negotiated outcome is open, and AVZ is ready to walk through it.
We've been banging on about AVZ for a while now, doing a deep dive last year on the immense potential of Manono and the complex dynamics surrounding the project.
AVZ Minerals: From $6 million to a $4.5 billion delisting. Inside the Congo lithium saga
Equities Club
·
May 7, 2024
Read full story
In that piece, we highlighted the asset's strategic position within the lithium supply chain and why it had become the focus of both local political friction and global commercial interest. Today, that thesis is playing out, but now with institutional capital and diplomatic muscle behind it.
So what does this latest update mean for long-suffering shareholders?
The financial terms of the Kobold deal are still being worked out, but signs point to AVZ shareholders finally seeing some return on their patience with it increasingly likely that AVZ could realise meaningful value through a dividend or capital return once the transaction completes.
Manono was never just another lithium deposit. Its sheer size made it a geopolitical chess piece. AVZ shareholders understood this from day one, and those who've white-knuckled through three years of suspension might finally be rewarded for their iron stomachs.
Skar
Regular
Haha well there you have it not only is Cominiere out but US want a whole parallel public administration for US businesses (think of TV cop shows where the "feds" turn up and waive off the local cops" - no bribes or corruption for US businesses).
Last I heard AVZ was planning down to go to primary lithium sulfate on site. My use of SC6 was just for some napkin math. Given Besos wants lithium for his trucks, from Kobold to Slate will probably have some integrated chemical conversion/battery partnerships too (with amazon then shipping all the ancillary merch for the truck customizations).
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Dave Evans
Regular
In 2020 AVZ’s targeted annual production was 700,000 tonnes of SC6 (lithium / spodumene concentrate) which equates to over 100,000 tonnes of LCE (lithium carbonate equivalent) annually. That’s at least 33% more than what Arcadium is producing from its mines
That’s back when AVZ was targeting mining 4.5Mt of ore annually, then they looked at expanding to 10Mt annually so you can take that 100,000 tonnes of LCE annually and more than double it to over 200,000 tonnes of LCE annually
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Runningmate
Emerged
Hi guys,
It might have been discussed already -
Whatever price AVZ end up getting for their rights.
What then are the steps involved?
AVZ receive the money… they can then do whatever with that money can’t they? They could choose to start another project etc etc.
How would we actually get our money?
Would they re-list and we sell shares on market ? But they would need to have some project etc to re list otherwise why would you own shares in them? It’ll only go down.
So will they just liquidate the company and pay us out? Are there any fees or other costs that’ll come out first of this amount and then we get a check or?
Thanks
It might have been discussed already -
Whatever price AVZ end up getting for their rights.
What then are the steps involved?
AVZ receive the money… they can then do whatever with that money can’t they? They could choose to start another project etc etc.
How would we actually get our money?
Would they re-list and we sell shares on market ? But they would need to have some project etc to re list otherwise why would you own shares in them? It’ll only go down.
So will they just liquidate the company and pay us out? Are there any fees or other costs that’ll come out first of this amount and then we get a check or?
Thanks
Helios
Regular
Yeah, I seem to recall that being the case for target ore production.AVZ’s targeted annual production was 700,000 tonnes of SC6 (lithium / spodumene concentrate) which equates to over 100,000 tonnes of LCE (lithium carbonate equivalent) annually. That’s at least 33% more than what Arcadium is producing from its mines
1.2mt for Ore Processing is an easy metric for those who dont quite understand breakdowns. With high quality spod, you can use x6 to get Sc6, for shit, lepodite it can be x12.
Production ramp up is ultimately is based on demand, something no fucking expert has managed to get right over the last 5 years so I take the need to process anything above 5mpta as a moot point. Whoever secures the AVZ deposit will secure LCE supply and what ever demand requirements they require with zero reliance on China (albiet with conversion assistance, and seeing Japan and South Korea have amended tariff negotiations I see that void filled)
I very rarely comment here, but follow, and to those who frequently post I thankyou from a grateful long term holder for keeping up the fight.
Frank
Top 20
Lobito Corridor:
The United States injects more than USD 6 billion into this strategic project
The United States of America is strengthening its support for the development of strategic infrastructure in Africa.
On Saturday, May 10, 2025, the U.S. Department of State announced, via its official account on the X network, that it had mobilized more than USD 6 billion specifically dedicated to financing the Lobito Corridor.
This mega-project, which aims to connect the Atlantic Ocean (Port of Lobito, Angola) to the mining areas of the DRC (Democratic Republic of Congo) and Zambia, is considered a key route to facilitate regional exports and boost intra-African trade.
It is also part of the Global Infrastructure Initiative launched by the United States and its G7 partners.
"These funds, crucial for this infrastructure project, are specifically dedicated to it," the State Department publication states, adding that Washington continues to work with its regional and international partners to support the corridor's implementation.
This new financial commitment comes at a time of intensifying geostrategic challenges surrounding critical resources, particularly copper and cobalt.
The DRC, the world's leading cobalt producer, is expected to benefit directly from this corridor, improving its logistical capabilities and boosting its exports.
This American support is seen as a strong signal to Central and Southern African countries, as rivalries for influence over transportation infrastructure on the continent intensify.
Soon to be, potentially, the world's leading Cobalt & Lithium producer
The United States injects more than USD 6 billion into this strategic project
The United States of America is strengthening its support for the development of strategic infrastructure in Africa.
On Saturday, May 10, 2025, the U.S. Department of State announced, via its official account on the X network, that it had mobilized more than USD 6 billion specifically dedicated to financing the Lobito Corridor.
This mega-project, which aims to connect the Atlantic Ocean (Port of Lobito, Angola) to the mining areas of the DRC (Democratic Republic of Congo) and Zambia, is considered a key route to facilitate regional exports and boost intra-African trade.
It is also part of the Global Infrastructure Initiative launched by the United States and its G7 partners.
"These funds, crucial for this infrastructure project, are specifically dedicated to it," the State Department publication states, adding that Washington continues to work with its regional and international partners to support the corridor's implementation.
This new financial commitment comes at a time of intensifying geostrategic challenges surrounding critical resources, particularly copper and cobalt.
The DRC, the world's leading cobalt producer, is expected to benefit directly from this corridor, improving its logistical capabilities and boosting its exports.
This American support is seen as a strong signal to Central and Southern African countries, as rivalries for influence over transportation infrastructure on the continent intensify.
Soon to be, potentially, the world's leading Cobalt & Lithium producer
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KIKI KIENGE
https://x.com/KiengeKki
@KiengeKki
#Mines_RDC_USA #CORRUPTION ! Pour progresser dans les pourparlers, les États-Unis appellent à des réformes en Rd Congo. Le développement et les investissements en République démocratique du Congo sont gravement affectés par la corruption et le détournement de fonds publics, qui représentent un point faible majeur pour le développement du pays. Il est impossible pour un investisseur étranger sérieux d'investir au pays de Lumumba, étant donné que plus de la moitié de ses capitaux ira à des pots-de-vin et commissions versés aux responsables congolais. Quel avantage cela représenterait-il pour les investisseurs ? D'après un investisseur américain ayant des liens étroits avec de hauts fonctionnaires du Département d'État et du Pentagone, les États-Unis ne concluront pas de pacte avec Kinshasa sans l'implémentation de réformes substantielles dans les domaines liés à l'accord sur les minerais de la RDC en contrepartie de la sécurité et des relations diplomatiques avec les USA. Dans les pourparlers concernant le lithium, qui impliquent notamment les entreprises américaines
@KoBold_Metals
et les australiens d' $AVZ ainsi que le gouvernement congolais, des individus et institutions mentionnés dans des affaires de corruption sont indésirables lors de ces discussions. Il semblerait que les Etats-Unis aient demandé au gouvernement de Kinshasa de mettre en place des réformes au sein d'entreprises d'État telles que la #COMINIERE et la #Gécamines, ainsi que dans des ministères tels que celui des Mines et du Portefeuille, afin d'accorder une certaine crédibilité aux investisseurs américains. Selon une autre source, on apprend qu'une sorte d'administration publique parallèle en RDC serait examinée pour collaborer avec les entreprises américaines si un accord entre les deux nations venait à être établi afin de prévenir la corruption endémique en Rd Congo. Kiki #Kienge
@MinMinesRDC
@kizpaka
@SuminwaJudith
@Presidence_RDC
@ministereportef
Translated from French by google:
#Mines_RDC_USA #CORRUPTION ! To make progress in the talks, the United States is calling for reforms in the Democratic Republic of Congo. Development and investment in the Democratic Republic of Congo are seriously affected by corruption and embezzlement of public funds, which represent a major weakness for the country's development. It is impossible for a serious foreign investor to invest in Lumumba's country, given that more than half of their capital will go to bribes and commissions paid to Congolese officials. What benefit would this represent for investors? According to a US investor with close ties to senior officials at the State Department and the Pentagon, the United States will not enter into a pact with Kinshasa without implementing substantial reforms in areas related to the DRC minerals agreement in exchange for security and diplomatic relations with the US. In the lithium talks, which involve US companies
@KoBold_Metals
and Australians $AVZ as well as the Congolese government, individuals and institutions implicated in corruption cases are unwelcome participants in these discussions. It appears that the United States has asked the Kinshasa government to implement reforms in state-owned enterprises such as #COMINIERE and #Gécamines , as well as in ministries such as Mines and Portfolio, in order to give some credibility to American investors. According to another source, it is learned that a sort of parallel public administration in the DRC would be considered to collaborate with American companies if an agreement between the two nations were to be established in order to prevent endemic corruption in the DRC. Kiki #Kienge
@MinMinesRDC
@kizpaka
@SuminwaJudith
@Presidence_RDC
@ministereportef
Xerof
High Hopes 1994
individuals and institutions implicated in corruption cases are unwelcome participants in these discussions. It appears that the United States has asked the Kinshasa government to implement reforms in state-owned enterprises such as #COMINIERE and #Gécamines , as well as in ministries such as Mines and Portfolio, in order to give some credibility to American investors. According to another source, it is learned that a sort of parallel public administration in the DRC would be considered to collaborate with American companies if an agreement between the two nations were to be established in order to prevent endemic corruption in the DRC
Led by Jules babe? Who the fuck else could anyone trust?
Led by Jules babe? Who the fuck else could anyone trust?
LOCKY82
Regular
This is bizarre! really dont get it!!
Attachments
Jens seems to be a bit of a fkwit lately.
1. The deal is happening only because country risk is being removed as an element. Once the US sign on for this, nothing in the world is going to stop them from taking it. So they are not getting a discount for country risk, they are paying a premium for certainty.
2. Everyone who has invested in lithium has done so because of the price growth potential due to a once in a century energy system transformation, so no one is gonna accept a price based on short term price lulls. Kobold also know this too, but hey you know what fine if that's their perspective then we do a deal based on current lithium prices but AVZ retains 80% earning on every tonnes of lithium sold above that price.
Step up or shut up Jens.
Samus
Top 20
The word “compensation” is being thrown around a lot. In my opinion it can have a few similar, but different meanings.
Many seem to take it as monetary restitution for the last few years of share holders being stuffed around and our opportunity loss. I don’t believe this is what is meant in this case. Regardless of the dictionary definition.
I expect we will be compensated for the sale of the asset, that’s it, and/or royalties etc. The loss we have all incurred to date is something we will have to live with, or take it out on the local Oz based pricks who contributed to our situation, whatever helps you sleep at night.
Frank
Top 20
CREFDL recommends that the new head of the IGF audit Jules Alingete's management [Interview]
While Jules Alingete, now former Inspector General of Finance and head of department, prepares to hand over the reins with his successor, Christophe Bitasimwa, appointed by presidential decree on the evening of Wednesday, May 7, the human rights organization CREFDL (Center for Research in Public Finance and Local Development) recommends a full audit of the past management of the IGF (Inspection Générale des Finances) and a frank assessment of the situation.
In an exclusive interview with the editorial staff of Opinion-Info, Valery Madianga, head of CREFDL, describes a deviation from the desired reforms through the violation of the law creating the IGF and the politicization of this oversight structure based at the Presidency of the Republic.
Among the first actions to be taken by the new team at the head of the IGF, the CREFDL recommends the elimination of financial patrols in the State's public enterprises transformed into joint management.
Frank
Top 20
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Chase
Regular
Has Jens been playing golf with Nige again? attempting to soften SHs with the sale price..
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