AVZ Discussion 2022

[Winenut]

Apologies if it’s come across as crude on my end. I need to take a rest from here. I understand the situation AVZ has found itself but in now way the board should entertain 40c offers.

ISCID route or fuck off if that’s the case. People bang on about that route taking forever etc etc. they do realise we can negotiate an exit post ISCID??? Our hand will be much much stronger with good legal title settled, a compensation claim in the back pocket and we can enter negotiations from a position of power. Sure it will piss off DRC but fuck then after the way they’ve treated our company.

It can still go to the USA but we’d have ownership sorted so that whole “risk” as they bang on about for fair compo won’t be a factor. It will also open up compensation for the north.

It boggles my mind people on X are crying over the ISCID route. These same people that probably bought in a mill shares at 2c…. They don’t give a fuck about anyone else but themselves. It’s the people who bought in above 80c range on avg that will lose a lot. They need to be looked after at the bare minimum. 40c won’t cut it.

Totally agree here on ICSID

The whole legal avenue must continue

Proving up title, putting some metrics around the numbers/value, powerful, powerful, powerful bargaining chip

Absolutely correct negotiations can take place and deals can be made any time up to, during and after ICSID

ICSID is the one thing that can bring forward and help facilitate a meaningful and fair deal

Management dropping the legals would be a massive commercial blunder

It is only when everything is done and dusted and appropriate funds firmly in all shareholders bank accounts that the legal switch gets turned off

Anything else is a complete folly

 

[DiscoDanNZ]

As a reformed car salesman I can confirm that the first offer is the one that gets shopped around

 

[Shire]

Did I miss something? Why has everyone all of a sudden got worked up about an offer of 40c? As far as I know the only time that number has been put out was in The Australian's article in March which referenced $1.5B USD + royalties and a more recent dubious post on HC that very much looked like it was written by AI and referenced a Jane Carter at Macquarie Group who doesn't exist.

 

[Sparrowhawk12]

Did I miss something? Why has everyone all of a sudden got worked up about an offer of 40c? As far as I know the only time that number has been put out was in The Australian's article in March which referenced $1.5B USD + royalties and a more recent dubious post on HC that very much looked like it was written by AI and referenced a Jane Carter at Maquarie Group who doesn't exist.

Agree. This is hopefully my last post on SP pay-out speculation. 40c is BS. Trust Nige, Board & DLA Piper. They know what we all invested, the ATH, the risks and the asset value over LOM modelled over a myriad of scenarios. IMO Time to stop speculating. Br Sparrowhawk12.

 

[JNRB]

Not if it's part of the security agreement that the USA get Manono. Which it likely is.

That still only works IF AVZ AGREE TO IT.
not gonna agree to getting bumfukd by Kobold if CATH sitting there with a 10B cheque.

I don't think that will be the outcome. I personally think Kobold will pay a fair price.

 

[wombat74]

Agree. This is hopefully my last post on SP pay-out speculation. 40c is BS. Trust Nige, Board & DLA Piper. They know what we all invested, the ATH, the risks and the asset value over LOM modelled over a myriad of scenarios. IMO Time to stop speculating. Br Sparrowhawk12.

Agree . And up until now Nigel has never considered the punter's recommendations/ advice , and he sure as sh1t ain't gonna start considering it now .

 

[Runningmate]

I previously asked but can anyone explain the steps AFTER they get and accept an offer?

How are you all guaranteed to get that money?

Can AVZ not just have those funds and use them as they like?

 

[Mouthpiecenomnom]

I wouldn’t mind delving a little bit more into this supposed royalties sweetener that KoBolds alleged “initial” offer contained. I wouldn’t be completely against inclusion of such thing as long as it’s legally watertight and in no way can be removed from Manono. I’m sceptical of royalties given it’s not money in the hands initially but it could create long term value for holders. Say 2% of revenue? Only issue is that there can be many ways to like… not pay or similar? How would such a thing be locked into the lithium and tin extracted from that very specific resource? Can see a world where mining titles/projects or companies are cut and sold, desolved etc that leaves us hanging onto our balls waiting for payments.

Yes. This is why I am hoping kobold shares are on the table.

 

[Azzler]

That still only works IF AVZ AGREE TO IT.
not gonna agree to getting bumfukd by Kobold if CATH sitting there with a 10B cheque.

I don't think that will be the outcome. I personally think Kobold will pay a fair price.

It's the drc government who are doing the agreeing, not avz.
Cath aren't going to be paying anyone anything if the drc government tell them Manono south is only for the USA.
And it looks like the drc government have just said that Manono south is only for the USA.

 

[PhatCatz]

.... Kobold specifically have said as part of their proposed deal, they don't want to antagonise China and will compensate AVZ for ANY lost stake (Bezos, Gates etc have interests in China- Bezos took a very anti-trump stance on the Tarriff situation so its not like the US is one uniform entity without its own internal politics either, thats why I say Kobold are ONE potential way forward). In exchange Kobold have asked AVZ to agree to a framework... AVZ have agreed AND publicly stated its a non-binding framework. If AVZ management decide the framework has not led to an attractive position for SH, it doesn't have to proceed. Kobold obviously feel they can get to a place where all parties are happy.... given the project economics I do too (thats why I think SP guesses or premature accusations of low ball offers are not yet warranted).

What I assume this will all mean is once all the details are worked out, we will be made aware of a potential plan. Until then we are all just reading tea leaves on this one. What people do not realise though is AVZ while massive to us, is a little pebble of value in the grand ambitions of the players discussing things now, TRILLIONS of dollars for the them vs a few billion +/- on this deal is not going to get them out of Africa (maybe out of Manono until its more attractive to commit the capital but as long as their is value in it for them, they will pay).

That last part is where my mind is at but maybe in a slightly different view. The minerals security pact or whatever you want to call is is for DRC commodities not Manono specifically. Some discussions on here (at least the feeling I get) is that the whole minerals for security deal is based on Manono alone.

The pact will go ahead with or without a Manono so the “it as to go to USA under the security deal” is a BIG call and I feel as you stated in the grand scheme of things Manono whilst huge isn’t the be all and end all in the DRC. It’s a fraction of mineral wealth.

I’d rather we mine this but that will be difficult, second option would be to sell this to the highest bidder no matter who they are.

 

[Doc]

I previously asked but can anyone explain the steps AFTER they get and accept an offer?

How are you all guaranteed to get that money?

Can AVZ not just have those funds and use them as they like?

“you all” you like to ask questions for a non holder

 

[Runningmate]

“you all” you like to ask questions for a non holder

I’ve been a holder for many years and still have shares, I’m hoping it gets an amazing offer just as much as anyone else.

No negativity here

I’m simply asking a question that no one is answering? Maybe I’m just soo stupid and ignorant of this and its obvious but if so please someone explain ?

What happens next after the payment of accepted by AVZ
?

 

[Samus]

AVZ Warriors,

I realise that it has been a long road for everyone, financially and mentally and I have the greatest sympathy for all sufferers. For instance, I have had to sell assets to keep me and the misses afloat and we are starting to run on fumes. While the ICSID option sounds good($10 billion) it will not give you the desired result. For one, it will be a long road(years) and I bet you London to a brick on that you are not going to get money out of a broke DRC. We are just fortunate that the Trump administration has realised the importance of securing critical minerals and preventing China owning them and dominating the supply chain and price, and our unique mammoth once in a lifetime deposit is right in their cross hairs. Therefore I think the Kobold offer and any other American interest(a non-binding interest can bring other bidders) is a God send and I would gladly take the offer knowing that this really is the only way out. From what I understand in articles we could be looking at weeks to a few months when all is signed.

How great would that be for long suffering holders considering we have had to wait 3 years!

Bison is right to say we do not know the Kobold offer so why presume anything......but I will say this:

The price of lithium has fallen dramatically since the boom as you can see in the share price of our competitors; it is a buyers market. Sohh....as much as we have the largest deposit globally the lithium price must be considered, the fact we do not have a mine yet, as well as a discount for sovereign risk. I am just being realistic and think this is honestly our only option, and who knows what the price will be.

Sincerely, M8

Hi mining8, sounds like you've gone from being one of the biggest AVZ pumpers off all time to softening up like Jens because times are a little bit tough.
ICSID is good leverage for negotiations and should help establish a baseline. Those DRC scum shouldn't get away with their rampant corruption and at least if something 'else' goes wrong we've got the backup that the world bank can try to recover our damages.
DRC agreements are worth a piece of piss, that's the biggest lesson we've learned.

 

[aon]

That last part is where my mind is at but maybe in a slightly different view. The minerals security pact or whatever you want to call is is for DRC commodities not Manono specifically. Some discussions on here (at least the feeling I get) is that the whole minerals for security deal is based on Manono alone.

The pact will go ahead with or without a Manono so the “it as to go to USA under the security deal” is a BIG call and I feel as you stated in the grand scheme of things Manono whilst huge isn’t the be all and end all in the DRC. It’s a fraction of mineral wealth.

I’d rather we mine this but that will be difficult, second option would be to sell this to the highest bidder no matter who they are.

Anyone suggesting a low ball offer as acceptable (imo) be it here (TSE), on X, or HC for that matter, is a traitor to the cause; the message needs to stay on point, any offer below Fair Compensation for all AVZ investors is unacceptable, end of. Sure, if it's just to get the ball rolling fine, however, stop telling us all how tough it is at this time for the lith sector, no one gives a fg toss, that its tough at this time, all potential buyers will be buying this for the future, the next 30+ years!

 

[Xerof]

I’ve been a holder for many years and still have shares, I’m hoping it gets an amazing offer just as much as anyone else.

No negativity here

I’m simply asking a question that no one is answering? Maybe I’m just soo stupid and ignorant of this and its obvious but if so please someone explain ?

What happens next after the payment of accepted by AVZ
?

Horses and carts come to mind

Too soon mate, leave it until there is something on paper to chew on, and all will be revealed

 

[cruiser51]

I’ve been a holder for many years and still have shares, I’m hoping it gets an amazing offer just as much as anyone else.

No negativity here

I’m simply asking a question that no one is answering? Maybe I’m just soo stupid and ignorant of this and its obvious but if so please someone explain ?

What happens next after the payment of accepted by AVZ
?

We wait till the money is in the bank and after that invite Nigel for a piss up.

 

[DMasonic]

1. Watch the status of the ICSID case. If and when AVZ actually do suspend the case it will be a strong signal that an agreement has been reached, including a sale price.
2. Hopefully any agreement includes a waiver of capital gains tax by the DRC government. It would be untenable for the DRC to benefit from their corrupt activities that forced AVZ to sell.
3. It really annoys me that Zijin may benefit from their corrupt activities. They should be contributing to the AVZ payout.
4. We wait.

 

[Spikerama]

Anyone suggesting a low ball offer as acceptable (imo) be it here (TSE), on X, or HC for that matter, is a traitor to the cause; the message needs to stay on point, any offer below Fair Compensation for all AVZ investors is unacceptable, end of. Sure, if it's just to get the ball rolling fine, however, stop telling us all how tough it is at this time for the lith sector, no one gives a fg toss, that its tough at this time, all potential buyers will be buying this for the future, the next 30+ years!

Exactly this.

That's why I reckon anyone quoting prices... any price (apart from the meme of $12) is a traitor because all you are doing is sentiment signaling; which is only helpful to a buyer testing for softness. Same as downward pressure in trading. Price testing basically. Weak hands. All that shit. Fuck, you guys should know all this better than me.

Point being, if you are ok will a shit outcome as in cents in a dollar, why do you have to call it from the roof tops or spooge it all over the social apps? The truthful answer is you don't. You just have to shut up and wait and see how low it turns out. Right?

So then, what's the real reason you are shopping out lowball prices?

 

[Samus]

$1 aud plus. Stop with the 40c talk. None of the large holders pushing for 40c.

Stop with the fucking $1 talk!

MINIMUM!

 

[DiscoDanNZ]

Exactly this.

That's why I reckon anyone quoting prices (apart from the meme of $12) is a traitor because all you are doing is sentiment signaling; which is only helpful to a buyer testing for softness. Same as downward pressure on trading. Price testing basically. Weak hands. All that shit. Fuck you guys should know all this better than me.

Point being, if you are ok will a shit outcome as in cents in a dollar, why do you have to call it from the roof tops or spooge it all over the social apps? The truthful answer is you don't. You just have to shut up and wait and see how low it turns out.

$12 can buy many $2 parties