Adriano Dude
Emerged
Just one Time… Where is Simon?
Have a great weekend
Have a great weekend
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Samus
Top 20
1/2 Simon Cong with #Dathomir had sold his 15% at market price and had lost nothing but winning. After the $AVZ /CATH agreement and the increase in the stock market price following the feasibility study of #AVZ , Cong requests a re-evaluation in December 2020, AVZ refuses.
2/2 Following this refusal by
@AvzMinerals
, Dathomir "illegally" terminates the contract with #AVZ in May 2021 (before AVZ raises funds and pays them as claimed by Dathomir).
@LaRsDrank
Frank
Top 20
These figures confirm lithium and critical minerals now power Australia’s mid-tier mining sector
- Australia’s biggest 50 miners outside BHP, Rio, FMG, South32 and Newcrest now worth $150 billion, PwC says
- Critical minerals companies and lithium miners now dominate the mid-cap space on the ASX amid EV boom
- ASX resources sector wins big after US CPI result overnight
Spot lithium chemical and spodumene concentrate prices have risen fourfold in 2022, lifting to ~US$80,000/t and ~US$8000/t respectively.
That has come off the back of a surge in electric vehicle sales, which continue to rise exponentially despite a slowdown in both the Chinese and western economies.
According to new figures from Pricewaterhouse Coopers, the market cap of its Mid-Tier 50 rose 17% to $124 billion as of June 2022, with critical minerals miners spiking 32% to $70.3b.
But even that number has become outdated, with further runs in lithium prices seeing their value climb an additional 34% to $89.4b as of September, and the total value of the MT50 to $150b, almost five times the value of the index in 2013.
The figures were revealed in the 17th annual Aussie Mine report, in which PwC suggested global demand for metals linked to the energy transition could outstrip supply by the middle of this decade, just three years from now.
“This is a once-in-a-generation opportunity, but the clock is ticking,” PwC Australia national mining leader Debbie Smith said.
“With commodity forecasters predicting demand for some minerals will outstrip supply by 2025, Australia is at risk of missing out on the full value potential that energy transition presents.”
*The Same can be said for the DRC ! Hope you're listening Felix - Lukonde and co
“This is a once-in-a-generation opportunity, but the clock is ticking,”
In other Words, You Snooze, We all Lose
*Meanwhile, while we wait for the DRC to get their Shit together,
Ford, GM in talks with Posco Chemical on battery metal hubs
Ford Motor Co., General Motors Co., and Stellantis NV are in talks with South Korea’s Posco Chemical Co. about potentially investing in plants producing electric-vehicle battery materials in North America, according to people familiar with the matter.
The factories would make cathode-active or anode materials — key ingredients for determining the energy density of lithium-ion batteries used in cars — said the people, asking not to be identified because the discussions are private.
The talks are preliminary and may not necessarily lead to a deal, according to the people.
Posco Chemical is also talking to other automakers about similar investments, they added.
A spokesperson for Posco Chemical declined to comment, while representatives for Ford, Stellantis, and GM all declined to comment.
Posco Chemical’s Chief Executive Officer Min Kyung-zoon told reporters on Nov. 1 that the Korean company is in talks with three carmakers to build battery-materials plants in the US, without naming them.
It already has a relationship with GM, in July signing a $10.8 billion deal to supply battery materials, bringing the total value of its contracts with the US carmaker to almost $17 billion.
GM is investing $35 billion to make its lineup fully electric by 2035, while Ford is plowing $50 billion into its pivot to EVs, with plans to build 2 million a year by 2026.
Stellantis, the maker of Ram pickups and Jeep off-roaders, is targeting 75 fully-electric models by 2030 with annual sales of 5 million vehicles.
This rapid shift to EVs is making sourcing batteries — and the metals used in them — a key competitive battleground for automakers.
In recent months the likes of Honda Motor Co., Ford and Stellantis have teamed with Korean battery makers LG Energy Solution Ltd., SK Innovation Co. and Samsung SDI Co. to invest billions in North American battery plants.
The race has only intensified as the US government pressures automakers to slash their reliance on Chinese batteries and materials — a major constraint given that China is home to the world’s two biggest EV battery makers and is a key source of battery metals such as lithium, cobalt and graphite.
Korean auto and battery makers have lobbied against the US moves, included in the Biden administration’s Inflation Reduction Act.
Teaming with US automakers on battery plants could help Posco Chemical comply with the changes, because it will be supplying the materials directly, not producing them in countries that don’t have a free trade agreement with the US.
Posco Chemical this week completed the expansion of its cathode-active materials plant in the Korean city of Gwangyang.
The plant has an annual capacity of 90,000 tons, making it the biggest in the world with the ability to supply materials for 1 million EVs a year, the company said.
“Most orders for deliveries by 2026 have already been booked,” Chung Daehun, the head of the firm’s energy material business unit, said in an interview.
“We are also looking for a site for a new plant in Europe, which can offer cheap electricity for us.”
The company is seeking to increase production of cathode-active materials to 610,000 tons by 2030 to hold around 20% of the global market.
mining.com
Food for thought on the long and Winding Road to Mining Manono
Cheers
Frank
CashKing
Regular
If it was only that easy…
CashKing
Regular
Cheers Nell I’ve always expected the unexpected with AVZ but if Nige is just kicking the can down the road a little
Longer before a great offer comes I’ll be pissed….
No more Fucking around either SELL IT or MINE IT, personally I can’t see us getting dividends as it will be sold… Just a matter of time IMO
GLTAH
CashKing
Regular
That’s fucking Gold…..
Worth more than any %
Félix Antoine Tshisekedi Pay Attention…..
Spikerama
Regular
Yes of course Nells. You are right. Let's see what next week bring shall we? And the week after that. And then the week after that too. Oh and then the WEEK AFTER THAT. AND THEN THE NEXT FUCKING WEEK!!! AND THE COCK SUCKING WEEK AFTER THAT PREVIOUS WEEK!!!! OH NO WAIT, HOLD UP, WHATS THAT? IT'S GONNA BE ANOTHER WEEK? YOU"RE SHITTING ME RIGHT? SHOULD WE WAIT JUST ONE MORE WEEK AND SEE WHAT IT BRINGS? On and on it fucking goes. FAAAAARRRKK me dead.
wait another week, you fucking....
Spikerama
Regular
"Sell and stop posting shi..." Are you fucking serious? SELL? Are you sure you are on the right stock page mate?
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John25
Regular
W
welcome to TSE …for a start buddy ….Nells is not a so called mate & Who the fuck are you to tell her to fuck off …Do some thread reading first prick before shooting your fat mouth off .Nells is a valued member of our forum .Also smart arse how do we sell whilst in suspension
Bray
Regular
DiscoDanNZ
Regular
It is a positive to have the cancellation clause in the CATH deal up our sleeves, paying the 20m break fee is a cheap 24%. Cheaper than paying Cong 50m for 15%. I do however like the idea of having CATH involved for their expertise.
And for the love of god people please stop posting pictures of that green dress wearing cunt, I throw up in my mouth every time I see a picture of that bitch.
Mr Inappropriate
Regular
True, but further context is required:
”Under the constitution of the Third Republic, the Prime Minister shares the leadership of the executive branch of government with the President of the Democratic Republic of the Congo. The Prime Minister is appointed by the President, hailing from the party or political group that has the majority in the National Assembly.
The Prime Minister has a secondary role in the executive branch. When the Prime Minister is from the same party as the President, the head of the executive is constitutionally the President. However, when there is cohabitation(i.e., when the President is from one party while another party controls the National Assembly) the Prime Minister's importance is enhanced, because the President possesses little power to be exercised without the consent of the Prime Minister.”
Prime Minister of the Democratic Republic of the Congo - Wikipedia
Nellie17
Regular
Good morning Wombie,
Firstly I luv you too!
I wasn't putting a date of this week or next week for the license, I was saying that after the RS, I left feeling warm and fuzzy and that Nigel and his team seemed to be abreast of everything happening. My main point was that we need to block all the noise and see what this week brings (extension, agm etc).
I believe that we are in good hands and eventually we will all be winners - but when that is, who f..king knows!
Block the noise!
Have a great weekend,
Cheers,
Nells
Completely agree. The biggest issue that needs resolving here is the AJN 10% stake. Nigel needs to address this conflict of interest at the AGM
Once he was made aware of AJN’s intentions he resigned.
The shares he owns as he said is his business and will sell when he wants.
When asked if he believed it’s a conflict of interest ( still owning shares ) he said no, he has no dealings with AJN management anymore.
What exactly do you want him to say?
There probably wouldn’t be enough liquidity in AJN for him to sell all his shares anyway.
I think this is FARRRR from the biggest issue. It’s a footnote if anything
John25
Regular
I come here looking for information but sometimes it seems there’s just so much negativity and serious bullshit on here that I don’t even want to log in anymore
Here’s a bit of dance music for anyone wanting to enjoy the happiness of bopping around to some good old rock’n roll
Followed by a recent shot of me just to get the ball rolling (Nells) and show the rest of you there’s more to life than worrying about AVZ.
View attachment 21828
WTF is Nut in your bedroom taking pics …please
JAG
Top 20
Sorry mate, have something else on my mind ATM and it starts with C@Nellie17
I don’t know why you’re post has been brought up to be attacked on these threads Nells, I went looking for it and it must have been a few days since you posted it.
But seeing how the bright lights are shining on you, and I am also a fan of your work, I just had to join in the conversation.
Firstly, even though Wombles is up there with Cashy as one of my favourites on TSE, I have to say I think you dodged a bullet with him already being married!!
Secondly, this last comment of yours is the third time you’ve alluded to your big breasts, next time I think a photo is in order!!
I’m sure @JAG could organise an appropriate bathing costume and photographer and I am pretty confident there would be plenty of🥹
…. and HEART and FIRE emoji’s
And don’t try and look surprised
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