AVZ Discussion 2022

[Jacob Kiraz]

Not the moment it isnt, how many years where we could do stuff woth our money

 

[Jacob Kiraz]

'Kobold is well aware of what we consider the project value to be'
- Nigel

There's a lot of arm chair valuation and negotiation experts floating about. For the most part management are playing it well. But these things take time and require absolute resolve in the legal process if we are to have any chance of getting fair value imo

https://www.theaustralian.com.au/business/mining-energy/avz-boss-nigel-ferguson-breaks-silence-as-key-players-in-congo-lithium-project-gather/news-story/08ac4676c651d56eea7d69650dc69040

Lets see

 

[SilentOne]

Felix better get his skates on - time is ticking and lithium is marching upwards.

 

[Skar]

Its hilarious and heartbreaking to see, another lithium company I invest in released news about 1-2%, 30m intercepts, 200m below surface. Compared to Roche Dure getting 200-300m at surface intercepts back in the day. Looking at the asset alone, its easy how I convinced myself to overlook the sovereign risk, if only CATH could have solved that for us.

Fingers crossed the US can solve that going forward and will pay fair value in the interim.

 

[Ancient]

Thanks for sharing.

The message is pretty clear. No investment until there's peace.

For there to be peace, progress needs to be made with M23 and FLDR, which is currently a struggle. The multi country supply chain investment is an attempt to incentivise the leaders who can (hopefully) navigate progress within each of their respective countries.

US seems serious about holding parties accountable for their signing of the peace agreement.

US financing mechanisms ready to provide financing.

It's very hard to tell whether we're 3 months from progress or 12 months. There seems to be significant time pressures that would suggest this gets done sooner rather than later. Such as ICSID, urgency of needing to start development, threat of China swooping on the project. On the other hand you could easily see this dragging out for a long time, such as no risk appetite for investment due to instability.