AVZ Discussion 2022
- Thread starter GazDix
- Start date
Very interesting " Exceptional circumstances"
Country being overtaken by Rwanda and loosing political support would be exceptional circumstances faced by DRC .
SO does PR 13359 licence get returned to Dathcom for the South and the waiver stand for the North?
Considering that now the tenement is under Cominiere in the mining Cadastre .
Logic says that the South is returned to Dathcom and then Kobold pays fair value in a take over.
But can logic exist with DRC .
IMO yes when Exceptional CIrcumstances forces you to act.
cruiser51
Top 20
How do you know August isn't pulling your leg?
Frank
Top 20
I'm not getting hung up over the semantics of Kiki's tweet, ie 'reinstated'. That's the formal path of what should occur. Just as important is the co-related security agreement.
Hence the pressure is on Felix to make an executive decision on Manono, one way or another. For he would know full well Trump's attitude to closing a deal:
"Spare me the details, sort that shit out".
To remind, here's Marco Rubio recently laying out the US approach to foreign deals. In his cabinet report to Trump Rubio also lauds special envoy Boulos and the DRC/Rwanda deal:
(from 2:00)
Hence the pressure is on Felix to make an executive decision on Manono, one way or another. For he would know full well Trump's attitude to closing a deal:
"Spare me the details, sort that shit out".
To remind, here's Marco Rubio recently laying out the US approach to foreign deals. In his cabinet report to Trump Rubio also lauds special envoy Boulos and the DRC/Rwanda deal:
(from 2:00)
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Ashlee
Regular
Interesting video Kobold from 36:50
Kobold certainly sound as if they are forward planning with confidence, however you can clearly see building frustration in her face.
Love this comment from Serge @ 44:15 'What I'll say to investors is.... if you come into the DRC make sure you do things by the book.'
Advanced copy of said “book” ….Kobold certainly sound as if they are forward planning with confidence, however you can clearly see building frustration in her face.
Love this comment from Serge @ 44:15 'What I'll say to investors is.... if you come into the DRC make sure you do things by the book.'
Skar
Regular
US-DRC Critical Minerals Deal Demands Mining Reform and Transparency - Copperbelt Katanga Mining
The United States is facing a strategic economic and national security challenge: securing critical mineral supplies without relying on geopolitical
copperbeltkatangamining.com
-This minerals-for-security-and-development agreement places Kinshasa under scrutiny, particularly in terms of mining governance and transparency—key conditions for attracting U.S. private sector investment.
-Washington’s stance is firm: access to the DRC’s mineral wealth must be underpinned by responsible governance, as emphasized in recent U.S. executive orders that link critical mineral security directly to national economic resilience.
-Mr. Boulos has been clear: any partnership must adhere to principles of good mining governance and financial transparency.
-This represents a significant test for the Congolese government, some members of which have been criticized for mismanaging public resources.
-The manipulation of mining cadastre records (CAMI) to reassign valid concessions is also under scrutiny.
-The ongoing dispute between Australia’s AVZ Minerals and Cominière over the Manono lithium project serves as a case in point, highlighting governance failures in how mining rights were handled and reassigned.
-As negotiations continue, the U.S. is pushing for reforms in the management of mining titles, urging Congo to clarify the role of its private mining sector.
-To date, the Congolese companies that will partner with American firms under this deal remain unidentified.
[I am guessing Cominiere is out]
It just doesn't make sense to stiff AVZ or leave Manono locked up in a legal quagmire with the above goals in mind.
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Mute22
Regular
Still getting mentions in the American media cycle is a good sign imo.
abcnews.go.com
In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.
Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge
Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology
In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.
Stockinvesting
Regular
"brokered..."....Still getting mentions in the American media cycle is a good sign imo.
Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge
Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology
In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.
Padt tense. Interesting.
Stockinvesting
Regular
Sorry, past tense
Spikerama
Regular
You know you can edit your post right? If you see a typo.
Skar
Regular
Its a loaded question, anything is possible but realistically who wants to buy shares of an asset when the % ownership and pathway forward is unclear? So that rules out before/during UNLESS DRC Gov settle with us as part of a sale (which is Kobolds plan). So that only leaves after for a sale and again it requires DRC to acknowledge/allow a pathway forward.
I see three outcomes:
1. US-DRC peace deal reached, kobolds plan comes together we get compensated well.
2. US-DRC peace deal reached but kobolds does not compensate us enough or the BOD otherwise decides its not in shareholders interests, and we either go back to ISCID or are placed into the new US-DRC good governance "parallel system" (and/or get a better offer from Kobold or another US\Arab\G7 buyer willing to implement Kobolds framework with more compensation for AVZ).
3. US-DRC peace deal falls through and we continue ISCID (and mining with Cath is our only way forward). This would be a very bad outcome but its where we were last year.
Xerof
Flaming 1967
The US and DRC have 'brokered' an MOU for a security for minerals deal.Still getting mentions in the American media cycle is a good sign imo.
Congo's coltan miners dig for world's tech — and struggle regardless of who is in charge
Nestled in the green hills of Masisi territory in Congo, the artisanal Rubaya mining site hums with the sound of generators, as hundreds of men labor by hand to extract coltan, a key mineral crucial for producing modern electronics and defense technology
In recent weeks, two U.S. companies opened doors to production in the region. Nathan Trotter, a U.S. firm, signed a letter of intent with Rwanda-based Trinity Metals, which owns Rwanda's largest tin mine. And KoBold Metals, which uses Artificial Intelligence to further energy transition and is backed by billionaire Bill Gates, brokered a deal to buy Australia’s AVZ Minerals’ interest in Congo's Manono lithium deposits.
AVZ and Kobold have a NON-BINDING agreement. ( a bit like our agreement with CATH - it's not done until its done)
Kobold are obscenely overly-keen
Uglybob
Regular
As long as the 'overly-keen' attitude continues into the 'fair compensation' stage then I'm good with it.The US and DRC have 'brokered' an MOU for a security for minerals deal.
AVZ and Kobold have a NON-BINDING agreement. ( a bit like our agreement with CATH - it's not done until its done)
Kobold are obscenely overly-keen
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