AVZ Discussion 2022

[Xerof]

Yep, but this is being fought at the DATHCOM level. They have little to no show of an AVZ takeover

 

[Winenut]

Of course there are other sources, Im just trying to find a balance among all this bs, we dont want this dragging out in court. Having them on board right now as opposed to this dragging on for 12-18months could be a difference of $1.50sp in in a year or $3. Zijin wont eff around when it comes to expansion, I reckon they'd have us at 10mtpa abt 12 months prior to we would without them(bearing in mind cash, knowledge, connections in the country, etc). I just cbf seeing this drag out in court....get on with the bloody show and make us some money lol

As Disco said maybe there are other ways to negotiate a percentage with them and teh DRC gov more on our terms and at a proper price not at a crazy discount of $33m for 15%, but pls crack the whip ppl, we just got our ML and we're meant to be hitting the top shelf

Exactly, I'm not saying I'm a big fan of it either but maybe we can turn it to our advantage? AVZ has GOOD LEGAL TITLE so:

Hey Zin and Jin, we take you through the courts and you end up with absolute zero and some legal fees, loss of faith from DRC government, bad press and maybe even some jail time for some dodgy people.

Or: You pay a large amount of money for 5-10% ownership, you finance AVZ's share for a very good interest rate and build the mine. And maybe we don't take this to court... Now here is a 5000 page nuclear weapon proof contract you must sign within 10 days...

Not saying its possible but if it is you make them pay for the privilege of not going to prison.

I understand the arguments absolutely

I get it

The outcome could be negotiated and could produce synergies

But life tells me.......you get into bed with crooks you'll eventually sleep with the fishes

 

[Misfits]

I'll ask it in here, coz maybe @Misfits could pass on the question in due course via his tin can and string connection:

Dathomir were awarded 240 million shares, 12.71%, and Guy Loanda 40 million as payment for the initial 60% of DATHCOM.

They disappeared off the register as a SSH sometime during 2019/2020, without disclosure of any deductions of 1%, let alone down to below 5%

Does AVZ know where they went? - (I'm hoping it's not into the many hands of the 'I love Zijin society')

Unfortunately, this is the way these guys operate - NKP is a perfect example of sleaze dealing at its best, eh Misfits........

Hey Xerof, I would rather wait until an announcement before bothering people about certain things. They would be quite busy at the moment. Lets all see what announcements come out. So much guessing is going on, which is a waste of energy in my opinion. We will know where we are at very soon.

 

[Mouthpiecenomnom]

I expect announcement will be something along the lines of "ML officially signed and hectares paid for. AVZ own 75%. Zigen who? If you have questions about some Zigen and Cominere deal you should talk to them not our problem. CATH money inbound."

 

[Xerof]

Hey Xerof, I would rather wait until an announcement before bothering people about certain things. They would be quite busy at the moment. Lets all see what announcements come out. So much guessing is going on, which is a waste of energy in my opinion. We will know where we are at very soon.

Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?

I do wonder if CATH(L) is aligned too. Nigel and co need to be on their toes, trusting nothing and no-one. So, has Cong passed his 240million shares on to these guys in some form? worth checking if you ask me, given these recent developments


I'd be putting CATH on ice for a bit personally

Fuck, I'm sounding like der geist

 

[Mouthpiecenomnom]

Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?

I do wonder if CATH(L) is aligned too. Nigel and co need to be on their toes, trusting nothing and no-one. So, has Cong passed his 240million shares on to these guys in some form? worth checking if you ask me, given these recent developments


I'd be putting CATH on ice for a bit personally

Fuck, I'm sounding like der geist

Exactly mate. Stop trying to make sense of putin-level bulls%T. You will do your head in going down useless rabbit-holes.

Edit: CATH is fine no conspiracies here. They are waiting for ML formality as NF has said. Everything else is just noise.

 

[Scoota30]

Sure, in due course was my expectation. I'm just trying to 'logic' out the moves made in 2019/20 by these various parties - Yibin, who tried for 14%, for example, could be aligned with Z, as could Hayou. Did the FIRB announcement cause them to alter course and look to attack us via DATHCOM, seeing the direct route was closed?

I do wonder if CATH(L) is aligned too. Nigel and co need to be on their toes, trusting nothing and no-one. So, has Cong passed his 240million shares on to these guys in some form? worth checking if you ask me, given these recent developments


I'd be putting CATH on ice for a bit personally

Fuck, I'm sounding like der geist

It is in CATH(L)'s best interests to co-operate as they need the long term supply. If they shoot themselves in the foot here and lose the 24% that will be damaging to them. Also don't forget that Felix has been on the ringer to CATH discussing first hand.

 

[LX600]

FYI guys, Zijin and Catl are from same city with gov background

 

[Remark]

This could be a great advertising opportunity for AVZ. Everybody's talking about AVZ now...

"Zijin Mining, one of China’s largest gold and copper miners, is entangled in a legal dispute with Australian miner AVZ Minerals over the purchase of a stake in one of the most important lithium projects in the world."

The only thing worse that having everybody talking about you is not having everybody talking about you - there is no such thing as bad advertising etc, etc....

Looking for a silver lining here

 

[lellep]

LTR, PLS, AKE, GLN................all getting smashed.

As i said , great move by Nigel activating the TH...........would be in the 60c region by now.

@lellep , considering you did a fine job of passing one of my charts to LRS HC and made it stick, would you be willing to do it again on LTR threads ?

I just want to stiff FP for getting his wave counts wrong once again and trapping unsuspecting investors who think his charts are on the money............they havnt been since day one.......

Its completely up yo you, no expectation.

imo

Hell yes Beisha!
Just let me know what you want me to post and I will do it!

Best regards,
Lellep

 

[BRICK]

I expect announcement will be something along the lines of "ML officially signed and hectares paid for. AVZ own 75%. Zigen who? If you have questions about some Zigen and Cominere deal you should talk to them not our problem. CATH money inbound."

i damn well hope so!

 

[jsbuser]

So what are Zijin up for if they get that share? Are they then locked in to paying for a share of the development? I thought the DRC giving up a percentage to us was so they didn't have to stump up the costs. Are they now up for them, or do we have still a right to still ask the DRC government for their part of the costs of it since the share didnt come to AVZ?

 

[BRICK]

This is kind of like new years eve 1999.

 

[BRICK]

are you doing an all nighter on the turps?

if so you'll be either throwing bottles at your screen in disgust or celebration at abt 9:30am

and oh boy would I look forward to your HC replies

Tomorrow morning may be the penultimate day on H crapper.

 

[Winenut]

I know it's been said before but I feel very fortunate to have this forum to discuss the issues that are affecting all of us in such a mature and non-aggressive manner

We don't always agree on everything but there's no doubt we agree to be open and allow the various points of view to be heard and take them into account

There are a lot of informed and smart posters here and the intelligent and respectful discussion allowing all the matters to be addressed is to me invaluable

On top of that we can still take time to have a laugh, post a humerous gif or two and share some comraderie without posters getting their melons all twisted

Nuff said

Bring on the announcements tomorrow whatever they may be and we'll take it from there!

Cheers
Nut

 

[Dazmac66]

Some sort of announcement just issued.

 

[thorgin]

 

[BRICK]

Boys have been busy in powerpoint!

and thats a big fark you haha

 

[DiscoDanNZ]

Conference preso

EDIT: as above lol

 

[CHB]

View attachment 6142

Came here to post that.

I really like how they laid that out.

Need a way for zijin to STFU still though