AVZ Discussion 2022

[cruiser51]

Does anyone else not think its actually in our best interests for M23 not to just fuk off straight away? It's kinda one of the big bargaining chips to force DRC to not fuk everyone over.

Peace deal moves things in the right direction by (notionally) taking Rwanda out of the mix, but I don't want DRC getting anything more until they also bring something to the table.

I wish M23 is knocking on the door steps of Kinshasa at this very moment, to be honest.
It is pretty obvious the moment the M23 slowed down, the Tshesikedi clan felt pretty good again and ready to get on with the job of ripping the DRC off as per plan.
As long as M23 backs off, Felix will continue to play his normal game.
The fire has to burn a little closer to Felix's nuts, for him to take notice.

 

[cruiser51]

Interesting explanation from Rwanda's point of view about the DRC minerals for security deal.
It is worth watching.

 

[obe wan]

Interesting explanation from Rwanda's point of view about the DRC minerals for security deal.
It is worth watching.

Cheers Cruiser ; a good watch & sounds like a deal will happen ; if only for a - ‘lets give it a shot’ … even in that case I don’t give a shit as long as we’re first cab off the rank and we get out alive from this bullshit.

Sounds much like we already knew ; all these issues generate from the dark underbelly of DRC ; who just like to point the finger at someone else

 

[Hodlandwin69]

Interesting explanation from Rwanda's point of view about the DRC minerals for security deal.
It is worth watching.

Seems like an alright dude.
But Von Batten ain't happy with him.

 

[Retrobyte]

I've gotta say Nigel and the BOD are doing an amazing job this time around at not letting any leaks out, as opposed to say last year when there were more winks on Twitter and TSE than you could poke a stick at. Not even Graeme or Clarkey have made any random comments or likes on Linkedin after a couple of reds for months.

I think I know why the ship is tight lately - Nigel sent me this photo he took in the boardroom last week ....

 

[Cumquat Cap]

How hard would it be to not speak/communicate about the mountain of shit and corruption they’ve dealt with at every step. Fuck these DRC goons

 

[RHyNO]

How hard would it be to not speak/communicate about the mountain of shit and corruption they’ve dealt with at every step. Fuck these DRC goons

Totally, I’d have “can you believe what these c***s have done now” set as a shortcut for every Twitter post. GO NIGEL!!!!

 

[JasonM]

just wondering here. I thought the icisd case that was originally planned to commence on june 23rd was the actual commencement of the court case, was that correct? So they had a one month pause and so it was hands down for everyone and we dont have a new commencement date. so the actual delay by taking the one month pause is months? so agreeing to the delay has actually had a very big impact on the timelines. is my understanding correct?

are we getting fcked over or what.

 

[j.l]

just wondering here. I thought the icisd case that was originally planned to commence on june 23rd was the actual commencement of the court case, was that correct? So they had a one month pause and so it was hands down for everyone and we dont have a new commencement date. so the actual delay by taking the one month pause is months? so agreeing to the delay has actually had a very big impact on the timelines. is my understanding correct?

are we getting fcked over or what.

Yep, that's my take on it. Restart proceedings and incur all the rescheduling delays.

 

[Retrobyte]

just wondering here. I thought the icisd case that was originally planned to commence on june 23rd was the actual commencement of the court case, was that correct? So they had a one month pause and so it was hands down for everyone and we dont have a new commencement date. so the actual delay by taking the one month pause is months? so agreeing to the delay has actually had a very big impact on the timelines. is my understanding correct?

are we getting fcked over or what.

One or both parties need to advise the court what they would like to happen next (eg. continue with proceedings, request a further suspension), and then the court has to find dates in the calendar to resume proceedings.

 

[Panther22]

just wondering here. I thought the icisd case that was originally planned to commence on june 23rd was the actual commencement of the court case, was that correct? So they had a one month pause and so it was hands down for everyone and we dont have a new commencement date. so the actual delay by taking the one month pause is months? so agreeing to the delay has actually had a very big impact on the timelines. is my understanding correct?

are we getting fcked over or what.

I asked the same question on 23rd June but haven’t had an answer. I think it’s imperative we get the hearing underway ASAP, just as important as the ICC win last week. Get all the wins and favourable rulings on our side of the ledger. No more Mr. Niceguy delays.

 

[wombat74]

Yep, that's my take on it. Restart proceedings and incur all the rescheduling delays.

And delays everyone . Not just us . Kobold still silent ?

Which one of the following could be a possibility ?

A: The DRC/China have no intention , never had any intention , of doing a deal with the West for Manono.

B: DRC are holding out for a slice $$$ of the action re AVZ compensation settlement .

C: China want this held up as long as possible so CDL is up and running /shipping before anyone steps foot on Roche Dure .

D: None of the above ?

 

[Winenut]

And delays everyone . Not just us . Kobold still silent ?

Which one of the following could be a possibility ?

A: The DRC/China have no intention , never had any intention , of doing a deal with the West for Manono.

B: DRC are holding out for a slice $$$ of the action re AVZ compensation settlement .

C: China want this held up as long as possible so CDL is up and running /shipping before anyone steps foot on Roche Dure .

D: None of the above ?

E: All of the above

 

[Rechnerhand]

DRC: AFC/M23 demands reciprocal gestures from Kinshasa to move the Doha process forward

 

[Rechnerhand]

news coverage:

Mining Review Africa: ICC decision: AVZ legally acquired Dathomir’s shares

others?

Victory Confirmed: AVZ secures its share of the Manono Project

 

[Flight996]

Anyone else following the Chinese takeover of PEK with interest and a feeling of incredulity?

There seem to be two sets of government policies around FIRB intervention, and inconsistent application of the same national interest rules.

• In 2020, the FIRB blocked Yibin Tianyi’s proposed A$14.1 million investment for an 11.8% stake in AVZ Minerals (ASX-AVZ), citing that it was “contrary to the national interest”. At the time, the FIRB was concerned about significant Chinese influence or control in critical minerals, even when the underlying asset, Manono was outside Australia.

None of us need reminding of the history of subsequent Chinese shitfuckery after that FIRB decision.

• Fast-forward five years, and here we have the same government approving a full Chinese acquisition of Peak Rare Earths (ASX-PEK), which operates a rare earths project in Tanzania. The takeover by Chinese Shenghe Resources was endorsed by PEK’s board and not blocked by FIRB on national interest criteria, despite similar geopolitical sensitivities and monopoly concerns as with the AVZ deal.

It makes me wonder what the federal government is thinking when it displays a clearly inconsistent approach to Chinese investments in Australian companies involved in the extraction and supply of rare earth minerals, which are increasingly being monopolised and weaponised by the Chinese.

Oh, and after two years, still no response from Minister Wong about what, if any assistance her department provided to AVZ in its David vs Golliath fight against the corrupt DRC government and their scheming Chinese masters.

Cheers
F

 

[j.l]

And delays everyone . Not just us . Kobold still silent ?

Which one of the following could be a possibility ?

A: The DRC/China have no intention , never had any intention , of doing a deal with the West for Manono.

B: DRC are holding out for a slice $$$ of the action re AVZ compensation settlement .

C: China want this held up as long as possible so CDL is up and running /shipping before anyone steps foot on Roche Dure .

D: None of the above ?

C & D?

When I think about this in a positive way, AVZ tried to do the right thing: showed positive intent in pausing the proceedings, presumably to comply with a request from the US.

Management had to have known about the impacts on ICSID timing (i.e. the restart delay) of doing so.

Something must have given them the confidentce to risk further delay; they must have been pretty sure that one way or another, the ICSID timing probably wouldn't matter. What would give them that confidence?

(Nevertheless they left open the possibility of seeing ICSID through to the bitter end, just in case.)

---

Or, taking a negative view, they are instead guilty of hubris, over-confidence and not being able to see more than one move ahead in the game.

But for today at least, my glass is half full.

 

[j.l]

Anyone else following the Chinese takeover of PEK with interest and a feeling of incredulity?

There seem to be two sets of government policies around FIRB intervention, and inconsistent application of the same national interest rules.

• In 2020, the FIRB blocked Yibin Tianyi’s proposed A$14.1 million investment for an 11.8% stake in AVZ Minerals (ASX-AVZ), citing that it was “contrary to the national interest”. At the time, the FIRB was concerned about significant Chinese influence or control in critical minerals, even when the underlying asset, Manono was outside Australia.

None of us need reminding of the history of subsequent Chinese shitfuckery after that FIRB decision.

• Fast-forward five years, and here we have the same government approving a full Chinese acquisition of Peak Rare Earths (ASX-PEK), which operates a rare earths project in Tanzania. The takeover by Chinese Shenghe Resources was endorsed by PEK’s board and not blocked by FIRB on national interest criteria, despite similar geopolitical sensitivities and monopoly concerns as with the AVZ deal.

It makes me wonder what the federal government is thinking when it displays a clearly inconsistent approach to Chinese investments in Australian companies involved in the extraction and supply of rare earth minerals, which are increasingly being monopolised and weaponised by the Chinese.

Oh, and after two years, still no response from Minister Wong about what, if any assistance her department provided to AVZ in its David vs Golliath fight against the corrupt DRC government and their scheming Chinese masters.

Cheers
F

Change of government, which restored relations with China perhaps?

 

[Flight996]

Change of government, which restored relations with China perhaps?

Scott Morrison was no Chinese stooge, but I am unsure about Albo and Red Penny.

 

[bloke383]

https://x.com/KiengeKki/status/1942535420182511929

Congolese defense associations and four former directors of Gécamines have filed a complaint against 9 members of the family of the President of the Democratic Republic of Congo (DRC), Félix #Tshisekedi, for the plundering of minerals in the provinces of Haut-Katanga and Lualaba, before the Belgian justice system, targeting nine members of the family of the President of the Democratic Republic of Congo (DRC), Félix Tshisekedi, for the looting of mining sites in the provinces of Haut-Katanga and Lualaba. These 9 members of the Tshisekedi presidential clan (sister-in-law, son, brothers, cousins, and even the country's first lady), presented as "co-authors and accomplices of acts of corruption" during the plundering of mining sites. The complaint has been submitted to Federal Prosecutor Ann Fransen by lawyers Bernard and Brieuc Maingain. The 9 accused are all Belgian citizens and can be prosecuted by the Belgian justice system. "Other complaints may be filed soon in other countries from which other looters of our wealth originate," explains one of the plaintiffs. Kiki