AVZ Discussion 2022

[staz]

I'm of the impression that Kobold went in with the fixed idea of they were only going to spend so much money in the DRC.
They completely underestimated what the value of minerals in the DRC are worth.
Surprising considering the deep pockets and names behind that company.
Just hope Nigel sent them away and told them to do buy more napkins and do those sums again.

 

[wombat74]

If that’s the case, why did AVZ bother signing the MOU and pausing the ICDIS process?
What a waste of 6 months!

That would have been a great question to ask Nigel at the AGM .

 

[Spikerama]

That would have been a great question to ask Nigel at the AGM .

I reckon a better question would be, How does the BOD know the second 3 month suspension of ICSID will be sufficient to reach a negotiated settlement and if it isn't then will the BOD be inclined or likely to kick the can further down the road if another 3 month suspension is requested after FEB 27.

Suffice to say, when will it be a, 'No! That's it guys, you're done. On with the show.'

Obviously I wasn't there so not able to raise this thought but of course a massive thank you to all those who were and who have shared their notes and perspective. Very much appreciated.

 

[Flight996]

I recall reading somewhere something along the lines Kobold was offering a figure that would recoup AVZ's costs (exploration etc ) plus a little gravy on the side . Kobold are a bunch of grubs . IMO

But, as we are reminded ad-nauseum almost daily, KoBold is backed by billionaires Jeff Bezos and Bill Gates...like it implies some sort of business credibility. Fuck off KoBold, and come back when you've grown some pubic hair.

 

[cruiser51]

But, as we are reminded ad-nauseum almost daily, KoBold is backed by billionaires Jeff Bezos and Bill Gates...like it implies some sort of business credibility. Fuck off KoBold, and come back when you've grown some pubic hair.

Jeff Bezos is bald as a bowling ball, highly likely lacks pubic hair as well and the story goes Bill gates frequented Epstein's island.

 

[Investortug]

I reckon a better question would be, How does the BOD know the second 3 month suspension of ICSID will be sufficient to reach a negotiated settlement and if it isn't then will the BOD be inclined or likely to kick the can further down the road if another 3 month suspension is requested after FEB 27.

Suffice to say, when will it be a, 'No! That's it guys, you're done. On with the show.'

Obviously I wasn't there so not able to raise this thought but of course a massive thank you to all those who were and who have shared their notes and perspective. Very much appreciated.

From what I took away from the meeting was that Nigel has indicated this extension is a time constraint for any US owned party to come to the table with an appropriate offer, he said the US bring stability to the country as well as opportunity for future investment. Reading between the lines, they need to make a fair offer by end of this extension or we look elsewhere to close this out because in his words “I can’t do this for another 3 years”

 

[Spikerama]

From what I took away from the meeting was that Nigel has indicated this extension is a time constraint for any US owned party to come to the table with an appropriate offer, he said the US bring stability to the country as well as opportunity for future investment. Reading between the lines, they need to make a fair offer by end of this extension or we look elsewhere to close this out because in his words “I can’t do this for another 3 years”

So basically no more ICSID.