Who is that KOJAK and BRUCE having a chat...!...imo
Thanks for sharing, who are the cowards in the corner...imo
Nice pictures...THANKS for that..!
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Thanks for sharing, who are the cowards in the corner...imo
Nice pictures...THANKS for that..!
Cumquat Cap
Regular
Leonard did not refute the fact that he is Tolate at this interaction. He is scum of the earth
Mute22
Regular
DRCongo, Rwanda outline deal on mining, economic cooperation — US
A peace agreement reached in June aimed to end decades of conflict in eastern Congo. It was overseen by Washington, which has sought to increase its access to the region's vast mineral wealth.
www.newvision.co.ug
Retrobyte
Hates a beer
Lets all stick with the subject AVZ...imo..!
If no one has seen this out in the last day or SO in the media...!...imo
If no one has seen this out in the last day or SO in the media...!...imo
AVZ boss ‘hell-bent’ on getting best deal for Congo lithium project
Former $4.6bn lithium company’s fate hangs in the balance as US-China tensions escalate over control of a major African minerals project.While KoBold remains the DRC's golden child, and its contract with the DRC to explore and develop the southern part of Manono (Roche Dure) remains in place, alternative bidders may find it difficult getting a foot in the door. Unfortunately, the DRC may block them in order to save face, consolidate the DRC-KoBold deal and further isolate AVZ Minerals.
I do not know the terms of the DRC-KoBold deal, particularly the length of any exclusivity period (if any) where KoBold is shielded from higher offers while it negotiates with AVZ MInerals, but if anyone has that information please advise.
This saga still has a way to run, but Nigel's recent published interview was a watershed moment that will make the DRC thieves and US opportunists rethink their cavalier negotiating strategies. I think it was a great initiative, and Nigel's strong reference to his fiduciary duties deserves respect.
For far too long AVZ has been played because it chose to not comment publicly while making concessions in order to engage with a totally corrupt regime and an intransigent KoBold. Thanks to that article, the situation is changed. Both the DRC and KoBold are on notice that AVZ Minerals' assets are not for sale at fire-sale prices.
Finally, AVZ retains the moral high ground, has DLA Piper in its corner, fully funded ICC and ICSID arbitrations underway, and now a different engagement strategy. Let's see what happens over the next month or so as the DRC's special envoy attempts to untangle this mess and get some clear negotiating air.
Cheers
F
I do not know the terms of the DRC-KoBold deal, particularly the length of any exclusivity period (if any) where KoBold is shielded from higher offers while it negotiates with AVZ MInerals, but if anyone has that information please advise.
This saga still has a way to run, but Nigel's recent published interview was a watershed moment that will make the DRC thieves and US opportunists rethink their cavalier negotiating strategies. I think it was a great initiative, and Nigel's strong reference to his fiduciary duties deserves respect.
For far too long AVZ has been played because it chose to not comment publicly while making concessions in order to engage with a totally corrupt regime and an intransigent KoBold. Thanks to that article, the situation is changed. Both the DRC and KoBold are on notice that AVZ Minerals' assets are not for sale at fire-sale prices.
Finally, AVZ retains the moral high ground, has DLA Piper in its corner, fully funded ICC and ICSID arbitrations underway, and now a different engagement strategy. Let's see what happens over the next month or so as the DRC's special envoy attempts to untangle this mess and get some clear negotiating air.
Cheers
F
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But why is mister Pei and a Kobold representative in Perth is the question ?
CATH / Kobold JV may be ?
I suspect that you may be right.
KoBold is pretty-much just an exploration vehicle. Despite being reminded ad-nauseam about its rich-lister members, I doubt its pockets are sufficiently deep to fully fund the purchase and development of Manono, including an hydroxide or carbonate plant.
A three-way tie-up that spreads the funding load seems sensible.
(Pei apparently has 60% ownership of CATH. That's why he's there too).
Cheers
F
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Hodlandwin69
Regular
Seems unlikely to me if USA concerned about China's dominance to then go into partnership with them. Especially Trump's anti-china stance.
Mr Pei and Kobold are in Perth because Mr Pei is trying to protect his investment. Although some news articles are somewhat hyperbole, it really is China vs USA, AVZ is the dealer and caught in the middle in a 3 way, hopefully they (we) enjoy it
Skar
Regular
To me what is interesting is AVZ/Manono is on very few peoples radar. I would consider these guys to be the most mainstream lithium voice and absolute FA about it. They even talked about M&A and didn't mention kobold.
Would be good to see revised figures from AVZ. Would be better if DRC just granted the ML.
Would be good to see revised figures from AVZ. Would be better if DRC just granted the ML.
Skar
Regular
America is built on hypocrisy, ideals are to keep the masses in line. The decision makers and captains of industry are the ones who sell/sold out their ideals time and time again. So 100% yes I think parts of USA, the big unwieldy machine that it is, would partner with China for a dollar or two.
Heck all other things being equal, I would vote to sell Manono to China over USA for as little as a 5-10% premium in the shareprice and if security and assurances were in place I would probably prefer to side with China to get Manono developed if that was an options still (as they are just much more efficient and experienced in getting shit done case in point: DRC corruption hasn't even slowed them down but its completely crippled us - its not a level playing field). The problem with China is they don't play fair, they can easily bully and throw their weight around, even to partners.
Its only recently with this minerals for peace deal that USA are starting to throw their weight around... they got a LONG road to negate China influence and ability to get in and get shit done.
I thought PEI was also a STAKE HOLDER, so he would be involved...imo
I disappointed to express this opinion .
But could be a 3 way tripartite agreement.
Kobold + CATH + ZIJIN
Kobold provides the SOUTH and US Security for minerals
CATH provides the hydroxide plant in the DRC and retains its investment
ZIJIN are the miners for North and South with compensation paid for the North .
Unless RIO becomes involved.
Between these 3 paying fai value would not be a problem and each brings to the table a resolution for Monano .
DRC save face.
ALL IMO
At this STAGE of the game any SEPCULATION is possible..!...imo
That much Chinese involvement would be unpalatable to the US, re their ambition to secure lithium supply under the mineral/security deal.
This has been spelt out to Felix from the outset, hence him ordaining Kobold. Yet they need a serious miner so it has to be RIO IMO to guarantee supply for the US.
Trump is pragmatic aenough to tolerate CATH, if need be, so long as they play nice. So screw Zijin, it's Kolbold/CATH/RIO the most likely JV I reckon.
Is there no equivalent to RIO which is US owned?
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