AVZ Discussion 2022

[FatCatz]

KoBold must engage with the Democratic Republic of the Congo (DRC) government to ensure governmental support for any potential investment. A negotiation between KoBold and the DRC is necessary to clarify the final ownership and funding structure since KoBold will not obtain full ownership of the project. Before determining the price KoBold is willing to pay, it's essential to establish precisely what percentage of the asset they will ultimately own. Therefore, resolving this ownership issue with the DRC government is a critical first step, although the exact outcome remains uncertain due to complex ownership arrangements.

AVZ would have preferred involvement in these discussions, as they view the project as rightfully theirs. However, AVZ was excluded from the negotiations between KoBold and the DRC.

During these negotiations, legal issues regarding ownership would likely have been raised by the DRC. The DRC would have sought assurances from KoBold that these legal issues would be resolved, to which KoBold likely agreed. The DRC has indicated it will appoint an envoy specifically to facilitate KoBold’s efforts to purchase and develop the Roche Dure lithium deposit. However, the question remains: From whom is KoBold purchasing?

From AVZ's perspective, their stance may be that the project should first be returned to them, as rightful owners, before any further transactions occur. AVZ’s position is that only once their ownership is restored will they decide the future of their asset. KoBold and the DRC appear to be pressuring AVZ by implying that unless AVZ accepts KoBold’s offer, their asset will not be returned. AVZ counters this by asserting their legal rights and readiness to pursue legal action.

In a stunning turn of events, it looks like CATH could very well be the Saviour (at least optically) for a decent return for shareholders . We have another party who has cash to burn , funding our legal battles, and is a major investor in the project (at least on paper). AVZ are rightfully, keeping that option open and this is arguably the reasoning why Kobold have been so public and brash about developing the project. Kobold play shit for brain games, CATH steps up in its place.

There were discussions on the US Government having placed critical minerals as part of its defence budget (or something along those lines?). Is that just for domestic supply or supply chains in general? You'd think Kobold would be dipping their dick in that honeypot for cash (even though they are rolling it - why not let the US government underwrite your investments?).

You'd think they could go pretty high in terms of cash offerings.... we just need that other keen buyer (which we will have many in china alone!).

C'mon Nige, bring this pony into the final straight. We are almost home now.

 

[Pokok]

I just worked out what the so anticipated Ann was all about , sorry Dave I'm am taking your drunkenness and I see this is management doing what they do best just stringing us along because they cant announce anything that they have no idea about how to settle this In do not trust USA as far as I can piss

 

[Dave Evans]

He’s held high management positions in more than one major Chinese mine in the DRC so I imagine he would know who the Go To Bagmen are to get the job done and the usual drop off addresses for CAMI, Cominiere, MoM, MoP and the fat boy.

I might be getting a little bit sarcastic now Wombles I think I’ve spent too much time here again!!

It doesn’t help that I just finished reading these two links

Gates and Bezos-backed KoBold Metals Enters DRC Lithium Project

Discover how AI-powered KoBold Metals, backed by Gates and Bezos, aims to transform lithium supply chains with its DRC project.

discoveryalert.com.au

Gates and Bezos-backed​

https://www.scirp.org/pdf/ojbm_1534698.pdf

Maybe you could pretend it’s Friday and tell us another joke

This is an excerpt from the first link in my last post

The Framework Agreement Structure​

KoBold's entry represents a potential breakthrough in this protracted dispute. The company has proposed a framework agreement that would:

1. Compensate AVZ Minerals for its initial exploration work and partial claim settlement
2. Divide the massive deposit geographically – with KoBold developing the southern portion while Zijin retains rights to the northern section
3. Commit $1 billion for project development over a 5-year timeframe
4. Establish clear boundaries and operational independence between the two zones

This arrangement offers a pragmatic solution that acknowledges the political realities while allowing development to proceed after years of delays. The agreement requires several conditions to be met:

• Formal regulatory approvals from DRC mining authorities
• Resolution of pending arbitration cases
• Environmental impact assessments
• Community benefit agreements with local stakeholders

The initial exploration work they mention above, should take into consideration

1) The updated resources

2) The BFS and Sustainability Report

https://announcements.asx.com.au/asxpdf/20220617/pdf/45b0wzfp5rpg7d.pdf

3) The Partial Award - Being the amount factored in according to the ICC which shows we have suffered damages in excess of US$9.4billion

https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/67d3bd288dbce72fde15904f/1741929783803/20250310+27720+SVE+-+Copie+de+Courtoisie+de+la+Sentence+Partielle_en.pdf

And the next condition to be met (ie Resolution of pending arbitration cases) should be dependent on the points above it being satisfied

 

[Pokok]

In a stunning turn of events, it looks like CATH could very well be the Saviour (at least optically) for a decent return for shareholders . We have another party who has cash to burn , funding our legal battles, and is a major investor in the project (at least on paper). AVZ are rightfully, keeping that option open and this is arguably the reasoning why Kobold have been so public and brash about developing the project. Kobold play shit for brain games, CATH steps up in its place.

There were discussions on the US Government having placed critical minerals as part of its defence budget (or something along those lines?). Is that just for domestic supply or supply chains in general? You'd think Kobold would be dipping their dick in that honeypot for cash (even though they are rolling it - why not let the US government underwrite your investments?).

You'd think they could go pretty high in terms of cash offerings.... we just need that other keen buyer (which we will have many in china alone!).

C'mon Nige, bring this pony into the final straight. We are almost home now.

What the fuck would you know know prove it or fuck off

 

[FatCatz]

What the fuck would you know know prove it or fuck off

excuse me? it was clearly my personal musings and my language is carefully curated to not come across as "trust me, I'm in the know... and this this is for sure real info guys (wink wink wink)".

get off the goon mate.

 

[Pokok]

I'm trying hard now believe we will see anything AVZ Ann's keep feeding us shit but nothing positive its like being edged

 

[Pokok]

excuse me? it was clearly my personal musings and my language is carefully curated to not come across as "trust me, I'm in the know... and this this is for sure real info guys (wink wink wink)".

get off the goon mate.

Fuck off you need to get off the bump

 

[Felix]

In a stunning turn of events, it looks like CATH could very well be the Saviour (at least optically) for a decent return for shareholders . We have another party who has cash to burn , funding our legal battles, and is a major investor in the project (at least on paper). AVZ are rightfully, keeping that option open and this is arguably the reasoning why Kobold have been so public and brash about developing the project. Kobold play shit for brain games, CATH steps up in its place.

There were discussions on the US Government having placed critical minerals as part of its defence budget (or something along those lines?). Is that just for domestic supply or supply chains in general? You'd think Kobold would be dipping their dick in that honeypot for cash (even though they are rolling it - why not let the US government underwrite your investments?).

You'd think they could go pretty high in terms of cash offerings.... we just need that other keen buyer (which we will have many in china alone!).

C'mon Nige, bring this pony into the final straight. We are almost home now.

Oh really, Phatcatz?

 

[FatCatz]

Fuck off you need to get off the bump

bro, your translator is broken. Your settings should be....

Chinese to English not Chinese to drugged fuck bogan talk.

Go have a rest.

 

[Pokok]

excuse me? it was clearly my personal musings and my language is carefully curated to not come across as "trust me, I'm in the know... and this this is for sure real info guys (wink wink wink)".

get off the goon mate.

so who is the saviour you are so in the know

 

[Lichione]

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.theaustralian.com.au/business/mining-energy/avz-and-bezosbacked-miner-kobold-metals-in-standoff-over-deal-the-white-house-wants-done/news-story/29f38b52168897fdf990104e6852a2c8&ved=2ahUKEwjJkZaYz82OAxUGk1YBHX6jOn4QFnoECCIQAQ&usg=AOvVaw1_qcQe7dqWi3k_4nTgdw4x

 

[Lichione]

From the Australian

 

[Lichione]

They want to pay far less than 1.5b usd!!

 

[Samus]

They want to pay far less than 1.5b usd!!

According to the "fake news"

 

[Xerof]

I didn’t realise Titfart Tommy had a new job

Cath own a few shares in AVZ - well, fuck me, so do I
Cath do not have any share of the Project unless certain CP’s are met
Cath do not have rights to buy the whole project

AVZ will always play the ICSID PO’s as the status quo - i.e. CATH is in play, awaiting DRC issuance of the ML

Quote:
however it appreciates the opportunity that has
emerged to explore a resolution of the current issues relating to the Manono
Project, which it will continue to pursue in a constructive and open manner in the
best interests of its shareholders and other key stakeholders, including Suzhou
CATH Energy Technologies.

Still, if it’s in the paper it must be true

FFS

 

[KentCStrait]

I didn’t realise Titfart Tommy had a new job

Tommy is the author?

Still, if it’s in the paper it must be true

The figure I've been told that's been offered by KoBold is USD$0.85 per share. And that there are other bidders who have offered significantly more.

 

[Charbella]

I think it’s time Kobald recognises that there’s no bargain to be had here when it comes to Manono. This is a world-class asset, and if they’re not prepared to meet a fair price, they risk losing it to a buyer who is — and there are certainly parties out there willing to pay significantly more.
Let’s be real, this is peanuts for the U.S. in the broader scheme of critical mineral security. Donald’s not going to be happy if they let Manono slip through their fingers over a couple of billion dollars.

 

[BEISHA]

View attachment 88713

Well, well, well, Kobold certainly does not appear to be a lay down misere, not by a long shot!

Various parties , meaning competition , price pressure to capture the biggest , best grade of lithium the world will ever see and whilst those discussions continue....

Lithium spot price has just cracked into the 70,000 territory.

Let the games continue.

AVZ BOD playing it to perfection.

 

[ptlas]

I never said KoBold was a named party in the arbitration. What I said - and what AVZ’s announcement confirms - is that KoBold’s deal with the DRC is the reason AVZ went back to ICSID on July 18. That’s not my “interpretation.” It’s verbatim:

“…and on 18 July 2025, informed the ICSID Tribunal of the GDRC Kobold Agreement which is a breach of PO3.”

That’s not how a friendly, cooperative deal gets handled. That’s a breach notification. And it completely undermines this idea that everything is sunshine and backroom handshakes.

I’ve said before—and I’ll say again—I hope it all works out. I want my money back. I want us all properly compensated. I've been very consistent about that. But let’s not pretend KoBold signing onto disputed ground is business as usual.

And finally—if anyone here wants to call me a moron, accuse me of being a puppet, or throw personal insults instead of engaging with the facts: go for it. It says more about you than me.

Great attempt to create discord in order to undermine the discussion. Includes the usual tactic of discussing yourself.
But, it didn't work.

 

[KentCStrait]

Great attempt to create discord in order to undermine the discussion. Includes the usual tactic of discussing yourself.
But, it didn't work.

Tommy is the author?

Found it. Brad Thompson is the "journalist." But he is mates with Tommy. They both worked together at the AFR.