AVZ Discussion 2022

[Flight996]

Noting all the previous comments, and the Disneyesque $US1.5bn ($2.38bn) plus royalty randomly proposed by a homeless person, I cannot see other major miners, including CATH (CATL) or even Zijin letting this opportunity of a life time pass.

That figure is pure fiction, and without credibility.

Let's see who else wants to play.

Cheers
F

 

[Dazmac66]

In real estate terms this regular a practice called "conditioning". Real estate agents will construct a low ball offer from one of their mates to sow doubt in the vendors mind - standard practice! Best ignored, keep emotions out of it, tell them they will need to find a smaller lithium deposit and that you will only begin negotiations when a realistic offer is tabled. And do it with a deboss style wink!

 

[Flight996]

Remember folks, any proposed disposal of our key asset (Manono RD+CDL) must be put to shareholders for ratification.

We have the final word on this.

Cheers
F

 

[wombat74]

Graeme Johnston's recent LinkedIn posts related to this Low ball offer ? Everything seems to leak eventually.

 

[Misfits]

https://x.com/kempy68/status/1906323611260227779

Its Me Mario
@kempy68
$AVZ I have been banging on about we should not acpt below ATH of $1.36. R we forgetting the TIN? This adds big $. ? is this not being put out in social media? We have the upgraded BFS too, so let’s call it $2.50 at a min. To suggest 67c is a slap in the face!
@KoBold
@RioTinto
8:32 PM · Mar 30, 2025
795
Views

 

[Mining8]

In real estate terms this regular a practice called "conditioning". Real estate agents will construct a low ball offer from one of their mates to sow doubt in the vendors mind - standard practice! Best ignored, keep emotions out of it, tell them they will need to find a smaller lithium deposit and that you will only begin negotiations when a realistic offer is tabled. And do it with a deboss style wink!

Psychology 101…Make an obscenely low bid hoping the seller will take it but have in mind a higher price that they will buy the asset. BTW I do not trust the price in the article, no source, could be someone playing funny buggers to get a low price or just some no nothing pulling numbers out of their arse; best ignored.

 

[Frank]

Noting all the previous comments, and the Disneyesque $US1.5bn ($2.38bn) plus royalty randomly proposed by a homeless person, I cannot see other major miners, including CATH (CATL) or even Zijin letting this opportunity of a life time pass.

That figure is pure fiction, and without credibility.

Let's see who else wants to play.

Cheers
F

Flight 996 to Manono prepare for takeoff

https://x.com/CritMinJrnl/status/1906412676294553982

https://x.com/EmmaDay76/status/1906304763660284112

https://x.com/TheGermanOne86/status/1906362903332089863

 

[hedrox]

First of all....it's only a beginning base TO price. I was a few times involved in Take overs. My first TO was with CDV. First offer 46 cents by North Gold [ Russian ] . A few days later the Chinese come back with an offer of 60 cents. Then the counter offer by the Russians...67 cents... and it went on and on and finally got sold for 1.06 $. Everybody knows how valuable AVZ is...let's wait...it's all only the beginning of the bidding war and we got the last saying....

 

[Frank]

https://x.com/DominicFurfaro/status/1906144604564627507

 

[Spikerama]

@Frank

Monday version for you Frank and anyone else that needs one.

 

[Frank]

@Frank

Monday version for you Frank and anyone else that needs one.



View attachment 80853

 

[LOCKY82]

First of all....it's only a beginning base TO price. I was a few times involved in Take overs. My first TO was with CDV. First offer 46 cents by North Gold [ Russian ] . A few days later the Chinese come back with an offer of 60 cents. Then the counter offer by the Russians...67 cents... and it went on and on and finally got sold for 1.06 $. Everybody knows how valuable AVZ is...let's wait...it's all only the beginning of the bidding war and we got the last saying....

Just read up on that bidding war, good result in the end it seems. There's a way for this to go could be very interesting see what happens between now and the hearing date. Maybe these players won't want the case to start and are positioning now?

 

[Strongman]

Wow had a day off the forums yesterday and just done a catch up. Yesterday after @mute 22 put up the article in "The Australian " lots of angst and negativity. This morning much more positive i think
Not sure who Brad Thompson is or where he sourced the $ 1.5 B USD figure but there certainally was nothing said confirming his source of this figure.
We have no real idea of what the " royalty " entails but for all we know the $1.5 B lowball could be to reduce tax implications to DRC with a very attractive "royalty" which could make this in fact a very good deal. Point is we really have no idea and everything for now is speculation
Suprisingly no one seems to be focussing on the meeting on Tueday of Special Envoy Boulos, Kobold chief Kurt House and the fat boy himself. To me this is the most exciting thing for sure.
Kobold tied to US security seems to me most likely way forward. I do find it hard to see how Rio could enter in to the project with a stand alone offer and satisfy Felixs want for M23 resolution. Much more likely Kobold/Rio partnership
Anyway looking forward to Tuesday

 

[Uglybob]

No matter what the price is, 10 years from now when they are digging up and refining, everyone will be looking back and thinking the eventual winner got it for a bargain.

 

[Bin59]

Wow had a day off the forums yesterday and just done a catch up. Yesterday after @mute 22 put up the article in "The Australian " lots of angst and negativity. This morning much more positive i think
Not sure who Brad Thompson is or where he sourced the $ 1.5 B USD figure but there certainally was nothing said confirming his source of this figure.
We have no real idea of what the " royalty " entails but for all we know the $1.5 B lowball could be to reduce tax implications to DRC with a very attractive "royalty" which could make this in fact a very good deal. Point is we really have no idea and everything for now is speculation
Suprisingly no one seems to be focussing on the meeting on Tueday of Special Envoy Boulos, Kobold chief Kurt House and the fat boy himself. To me this is the most exciting thing for sure.
Kobold tied to US security seems to me most likely way forward. I do find it hard to see how Rio could enter in to the project with a stand alone offer and satisfy Felixs want for M23 resolution. Much more likely Kobold/Rio partnership
Anyway looking forward to Tuesday

Brad Thompson who is currently a reporter for the Australian, previously worked as a journalist for the Australian Financial Review, leaving them just 6 months ago,

 

[wombat74]

Brad Thompson who is currently a reporter for the Australian, previously worked as a journalist for the Australian Financial Review, leaving them just 6 months ago,

View attachment 80859

He's probably making sh1t up to yank our chain . Could have been Tommy's bum chum for all we know .

 

[Samus]

Way I see it, we can start talking at $5b USD. Royalties sounds like something as well.
I'd like to see us get some additional billions out of zijin, they can either pay fair and square or we sue the fuck out of them. It's all the same to me with the later infinitely more satisfying.
No compromise should be made in that regard.

 

[CHB]

He's still fairly connected to know specifically about the US rep flying to DRC and also AVZ rep.

So IMO that number would have came from somewhere. But it's still a ridiculous number that hopefully got laughed at by NF

 

[Carlos Danger]

Not sure who Brad Thompson is or where he sourced the $ 1.5 B USD figure but there certainally was nothing said confirming his source of this figure.
We have no real idea of what the " royalty " entails but for all we know the $1.5 B lowball could be to reduce tax implications to DRC with a very attractive "royalty" which could make this in fact a very good deal. Point is we really have no idea and everything for now is speculation
Suprisingly no one seems to be focussing on the meeting on Tueday of Special Envoy Boulos, Kobold chief Kurt House and the fat boy himself. To me this is the most exciting thing for sure.

He's still fairly connected to know specifically about the US rep flying to DRC and also AVZ rep.

So IMO that number would have came from somewhere. But it's still a ridiculous number that hopefully got laughed at by NF

It’s the same reporter that broke the original story that Trump administration wants AVZ to get paid in any deal for Manono

None of y’all were questioning his sources then lol

The 1.5b is extremely believable and on brand for KoBold. The real question is why on earth would Nigel be considering this enough to send representatives to the meeting. Would need to be the greatest royalty deal of all time, possibly ever, to get my vote.

 

[wombat74]

It’s the same reporter that broke the original story that Trump administration wants AVZ to get paid in any deal for Manono

None of y’all were questioning his sources then lol

The 1.5b is extremely believable and on brand for KoBold. The real question is why on earth would Nigel be considering this enough to send representatives to the meeting. Would need to be the greatest royalty deal of all time, possibly ever, to get my vote.

If we are sending reps means Felix is up for it and this is not pie in the sky . April 10 anyone ? I'll go out on a limb here . This deal is baking in the oven as we speak . Maybe a sweetener to come ? Another $500mil -$Bil USD+ and the royalties . The royalties will be the kicker that brings it home . Felix needs a security deal . Manono has to be a Trump deal .IMO