AVZ Discussion 2022

[BRICK]

Prepare the lifeboat…

 

[Slipperysucker]

Looks like we have a kuntseestraight / Fatkunce reach around party going on here, no that there's anything wrong with that...

It's starting to smell a little HCish in here

 

[Flekman11]

I don’t know—because I didn’t ask. I try not to push too hard for details and risk burning my sources.

That said, one of them did previously mention that Rio was sniffing around, along with another potential partner.

Who knows?

What I will say is this: in the past, some people connected to AVZ had loose lips. But over the past 12-18 months, they’ve been extremely disciplined. The information that’s leaking now seems to be coming from third parties, not AVZ insiders.

As for the USD $0.85 from KoBold—two of my contacts mentioned that figure, and both said their info came from contacts they had within the U.S. Government.

You don’t know because you you didn’t ask?

You’re scared to burn your sources but here’s something, “RIO was sniffing around!”

This is the funniest…US gov are aware of a TO price before any of the commercial players involved even know?

Fuck off, you’re full of shit as always you shittest of shit cunts.

 

[Flekman11]

Looks like we have a kuntseestraight / Fatkunce reach around party going on here, no that there's anything wrong with that...

It's starting to smell a little HCish in here

Looks like we have a kuntseestraight / Fatkunce reach around party going on here, no that there's anything wrong with that...

It's starting to smell a little HCish in here

True. I just hate those fuckers,…apologies to the forum.

 

[CHB]

Sell it to the highest party and let them deal with the task of getting it mined. If they then want to onsell it to Kobold then go for it.

Who gives a shit. Just pay up.

 

[Hemicuda]

If your only comeback is my punctuation—em dash, en dash, semicolon, whatever—congrats on dodging every actual point. I’ll take it as a quiet admission that you’ve got nothing.

Earlier I was accused of being Yaseen. I’m guessing now you think I’m Shane. All I need is someone to accuse me of being Toilet and I’ll have the full collector’s set. Does Toilet use smart quotes too across on the Crapper?

Mate just fuck off, no one gives a shit

 

[Huntian]

https://www.mining.com/avz-slams-congo-kobold-deal-over-disputed-lithium-project/

 

[Skar]

Sell it to the highest party and let them deal with the task of getting it mined. If they then want to onsell it to Kobold then go for it.

Who gives a shit. Just pay up.

I think the DRC-Kobold deal was to signal to other parties "see the Government says we get it"... if the government is not hospitable like we have seen with AVZ, they can stall and lock you out requiring serious litigation (10B USD lost rev and damage so far isn't it?). The question is will the government accept snacks from anyone or only kobold.

 

[Huntian]

 

[Bray]

Im keen to learn more about this AI exploration, after all the years I did drilling and seismic exploration for BHP/BMA and few other parties, never once would have I thought you could do AI exploration. Alien technology or what?!

 

[Colaci78]

Does anyone have access to this article in the Australian?

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?amp&nk=30abd99c44fdf555b6942fd3a6bd797c-1753137411

 

[CHB]

I think the DRC-Kobold deal was to signal to other parties "see the Government says we get it"... if the government is not hospitable like we have seen with AVZ, they can stall and lock you out requiring serious litigation (10B USD lost rev and damage so far isn't it?). The question is will the government accept snacks from anyone or only kobold.

That's the thing though. Whoever buys it will be buying it knowing that fact.

For instance if China wants to buy it to block the Western world from having it...

Or if someone wants to buy it and come to some other agreement with KoBold to develop

Becomes their problem

 

[Mickyb64]

Does anyone have access to this article in the Australian?

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?amp&nk=30abd99c44fdf555b6942fd3a6bd797c-1753137411

Screenshots were posted several pages back. Nothing new in the article.

 

[SilentOne]

https://x.com/Twinkle887788/status/1947142279019508118

 

[Mouthpiecenomnom]

Im keen to learn more about this AI exploration, after all the years I did drilling and seismic exploration for BHP/BMA and few other parties, never once would have I thought you could do AI exploration. Alien technology or what?!

Well. It's all a bit gimmicky and niche at this stage. Their (kobold) first step as you see is to digitise the Congo geological service files. They need to do this because the ai is pretty fucking useless without huge data sets.

 

[cruiser51]

Im keen to learn more about this AI exploration, after all the years I did drilling and seismic exploration for BHP/BMA and few other parties, never once would have I thought you could do AI exploration. Alien technology or what?!

Felix believes Kobold.

Felix, according to Paul Kagami, delivered pizzas as well.
So what is new?

Will be interesting to see what happens August 1 2025.

Will it be 'Sorry boys, you are too fucking late', Zijin strikes again after being feverishly active under Felix desk, under the cover of darkness.

With all this drama taking place, the Chinese are awfully quiet.
Don't forget they are the little silent achievers.

While 2 dogs fight for a bone, the 3rd pisses himself laughing.

 

[Panther22]

I am interested in there maybe other bidders and not just Kobold but haven't we got to this point because of the "Minerals for Security" arrangement, preventing Chinese exclusivity of minerals and the Peace Deal brokered by the USA? If a non US company outbids Kobold and AVZ accept won't everything else fall in a heap? And would DRC give approval thereby shafting the US who would remove their security promises and Felix would be risking M23 further entering the DRC without foreign help?
If that happens l think we would be destined for many years in the Courts.
Kobold need to step up, increase their offer because they will be sitting on truck loads of money, with USA Government and Forces backing. Felix rids himself of M23, Chinese don't get to control Lithium supply and prices and us Shareholders can get back to sleeping at night.

I applaud Nigel and BOD for keeping us breathing.

Just wish all parties would do what l used to do in conflict situation, get everyone in a room and thrash it out until it is done. No one leaves until there is an agreement then all parties can move on. There HAS TO BE an end date to this saga. Some are going to win, some will get burnt but overall there is a WIN, WIN, WIN in the room and we all get on with out lives.

 

[cruiser51]

I am interested in there maybe other bidders and not just Kobold but haven't we got to this point because of the "Minerals for Security" arrangement, preventing Chinese exclusivity of minerals and the Peace Deal brokered by the USA? If a non US company outbids Kobold and AVZ accept won't everything else fall in a heap? And would DRC give approval thereby shafting the US who would remove their security promises and Felix would be risking M23 further entering the DRC without foreign help?
If that happens l think we would be destined for many years in the Courts.
Kobold need to step up, increase their offer because they will be sitting on truck loads of money, with USA Government and Forces backing. Felix rids himself of M23, Chinese don't get to control Lithium supply and prices and us Shareholders can get back to sleeping at night.

I applaud Nigel and BOD for keeping us breathing.

Just wish all parties would do what l used to do in conflict situation, get everyone in a room and thrash it out until it is done. No one leaves until there is an agreement then all parties can move on. There HAS TO BE an end date to this saga. Some are going to win, some will get burnt but overall there is a WIN, WIN, WIN in the room and we all get on with out lives.

There are more minerals than lithium in the DRC, it is not only Kobold Metals (which obvious is not able to raise sufficient funds), trying to cut a deal in the DRC.

 

[mikejoho]

IMHO, this is all just ‘Negotiation 101’. Kobold’s posturing and territorial pissing is to low ball:-

• Get AVZ to sign a HoA, with the appearance that they have exclusive negotiating rights.
  • (AVZ responded with the non-binding statement)
• Create the appearance of advanced talks / due diligence, as the only legitimate purchaser to ward off the other interested parties and buy time by getting the ICSID to be put on hold.
  • (AVZ responded with the resumption of ICSID )
• By signing the deal with the DRC, say to AVZ well, we can be the only purchaser.
  • (AVZ advised the ICSID of the breach of P03).

For what it is worth, I think Kobold and AVZ are in the game using all the levers they can get their hands on. Its not personal and not unhealthy. I still think Kobold will ultimately purchase, but will pay more than they thought they might.

 

[LzrTr8dr]

Unfortunately, I cannot see KoBold increasing its bid, or negotiating with AVZ at the moment.

On 17 July 2025, it inked a deal with the DRC for a range of items, including the acquisition and exploitation of the southern part of Manono (RD), and exploration rights to large swathes of prospective territory. It signed this agreement with the DRC, because it was clearly getting a good commercial deal...way more than just RD alone. Doubtless, the deal also came with a number of sweeteners and cost-offsets for KoBold, which AVZ could not possibly counter.

As we are all well aware, the DRC refuses AVZ a seat at the negotiating table because it believes that AVZ no longer has any rights over Manono (PR13359). They were all corruptly extinguished through a range of govt decisions stretching back to Feb 2022 when the MoM cancelled AVZ's mining rights. The restoration of these rights is being fought via ICC and ICSID arbitrations.

Notwithstanding the ongoing ICC and ICSID arbitrations, unfortunately the DRC holds all the regulatory, and licencing cards. It clearly has the ability to determine the success or otherwise of any venture undertaken by KoBold or anybody else in the DRC. While distasteful and disappointing, it makes commercial sense for KoBold to engage with the DRC, rather than AVZ.

Cheers
F

Fair points, but KoBold can’t simply ignore the corrupt extinguishment of PR13359. The company is highly exposed to international law, it risks reputational damage and legal complications by engaging with assets still under ICC and ICSID dispute. It may have cut a good deal with the DRC, but that doesn't erase the risk involved with acting unlawfully on an international stage, or the fact that PR13359 was corruptly dissipated. Just my 2c