AVZ Discussion 2022

[Charbella]

I have nothing against Jens and Maja — I know they’re deeply invested in AVZ. But when you start getting people like Lars on Twitter giving you a thumbs up, it’s probably a sign that things have gone a bit too far.

 

[Dave Evans]

They have described it as a "large-scale, long lived lithium mine"... but there is no need to comment on its size, grade or value, that has never really been in question at all... well ever since we routinely started pulling up over 300m intercepts of contiguous lithium and tried to drill a well and hit lithium there too.

I still chalk this up to personal circumstances over any back channel nods and winks (I cant understand why there would be a need to temper expectations of retail investors) but time will tell.


I think Kobold are in an interesting spot, the US want private sector investment, so they will need to frame the DRC as a safe harbour, you cant do that if you yourself have applied a massive risk penalty on a flagship acquisition like AVZ - there is SOME risk penalty obviously but what is the perception they are trying to project... I think we are the thin edge of a very large wedge for western investment.


I believe the plan was to bleed us out, my timeline might be off but around Nov 24 was when CATH ponied up... and all these talks have been going on since late Dec/early Jan? I.E once they saw AVZ had the backing to see it through they began the diplomatic approach (and AVZ have continued to refer to CATH as a development partner). Once we had our first case win in march is when everything started heating up so to speak.

Skar, I appreciate your reply, what you’re not mentioning is the US planned to bleed us out too. Some investors know we were over there looking for litigation funding and the US investors withdrew their support. I won’t comment any more mate, I’ve made my points, no use continuing to debate them

 

[JNRB]

*Speaking of CATH,

View attachment 84487

https://x.com/Amovatio/status/1922646437185130765

*I'm Curious to see what CATH do about Kobold / US coming to our rescue at the 11th Hr.

China / Cath want / need Lithium, LOTS and LOTS of Lithium

Not to mention what they plan to do with the $6B

The Timing is Very interesting indeed

Let the Games begin

Talk about

View attachment 84489

Why do you think Kobold is
'working with all possible speed to conclude the purchase'

Time is not on kobolds side, and they've got no incentive to risk missing out because of a lowball offer that's not overwhelmingly convincing to shareholders.

Saving a few $B is incentive? No not really when you look at the value of the project. They know that them securing it is not a given, and they need to pay appropriately to make it happen.

I for one am convinced Nigel wouldn't have taken it this far if there weren't already some ranges set that were appropriate to both parties. But I'm also sure Nige will be holding the door ajar for CATH until everything is signed and done.

 

[Skar]

Skar, I appreciate your reply, what you’re not mentioning is the US planned to bleed us out too. Some investors know we were over there looking for litigation funding and the US investors withdrew their support. I won’t comment any more mate, I’ve made my points, no use continuing to debate them

Oh god yeah, thats what I was trying to imply, I don't see the US/Kobold as our saviour, they are a potential buyer "kicking tires" and trying to get as much off the sticker price as they can.

I am not trying to debate or argue, I am just whittling away time waiting for an announcement, no offense intended.

 

[PhatCatz]

Skar, I appreciate your reply, what you’re not mentioning is the US planned to bleed us out too. Some investors know we were over there looking for litigation funding and the US investors withdrew their support. I won’t comment any more mate, I’ve made my points, no use continuing to debate them

I’ve put 2+2 together with some gossip I may have heard from the grapevine that this is exactly the plan. I’ve commented on it earlier. These companies would have swooped in after we failed (and we would have:..) to meet repayment obligations from the Locke deal. Kobold sniffing around and would have just bought the asset directly from Locke after we’ve surrender it for peanuts.

CATH funding deal is an insurance policy to ensure they remain in the race. I’d be absolutely gobsmacked if they have not or will not intend to submit a bid given the investment they have lined up for Manono. Honestly, if Kbold or others try to bend us over I’d love to have CATH deal with a free carry on both the mine and processing.

Again those who keep posturing about minerals for security the truth is Manono is one of many potential mines the DRC possesses that US interests want. The whole pact won’t fall apart due to AVZ selling out to China. It keeps China happy and the USA can look at the copper or cobalt deposits all over the eastern part of the DRC they can lowball.

 

[Dave Evans]

Oh god yeah, thats what I was trying to imply, I don't see the US/Kobold as our saviour, they are a potential buyer "kicking tires" and trying to get as much off the sticker price as they can.

I am not trying to debate or argue, I am just whittling away time waiting for an announcement, no offense intended.

No offence taken at all

 

[Flight996]

Just in case anyone is thinking of getting comfortable, here's one more layer of intrigue for you.

It seems that a US-DRC security agreement may be a little more complex than reigning in M23 and a few child-soldier rebel groups operating along the DRC's eastern border. It looks like being a bilateral security arrangement benefiting both nations.

A number of Lebanese businessmen operating in the DRC have been publicly identified and sanctioned by the U.S. Treasury for their suspected roles in funneling funds to Islamist groups, particularly Hezbollah.

In particular, Nazem Said Ahmad, Saleh Assi, and Kassim Tajideen are among a number of prominent Lebanese businessmen in the DRC suspected of funneling funds to Hezbollah through complex business and money laundering schemes.

According to my AI assistant,

• Nazem Said Ahmed's network is linked to laundering illicit profits and transferring funds to Hezbollah in Lebanon, often through bulk cash transfers or by laundering through diamond businesses.
• Saleh Assi's companies in the DRC are involved in money laundering and tax evasion, and provide revenue to Lebanon via bulk cash transfers or through Ahmad’s diamond businesses, and
• Kassim Tajideen's family businesses are involved in large-scale tax fraud, money laundering, and trade in diamonds of questionable origin, with millions funneled to Hezbollah.

The proposed security-for-minerals agreement just got a bit more complex.

Unfortunately, I do not have access to the full script.

Cheers
F

 

[Maximus]

They have described it as a "large-scale, long lived lithium mine"... but there is no need to comment on its size, grade or value, that has never really been in question at all... well ever since we routinely started pulling up over 300m intercepts of contiguous lithium and tried to drill a well and hit lithium there too.

I still chalk this up to personal circumstances over any back channel nods and winks (I cant understand why there would be a need to temper expectations of retail investors) but time will tell.


I think Kobold are in an interesting spot, the US want private sector investment, so they will need to frame the DRC as a safe harbour, you cant do that if you yourself have applied a massive risk penalty on a flagship acquisition like AVZ - there is SOME risk penalty obviously but what is the perception they are trying to project... I think we are the thin edge of a very large wedge for western investment.


I believe the plan was to bleed us out, my timeline might be off but around Nov 24 was when CATH ponied up... and all these talks have been going on since late Dec/early Jan? I.E once they saw AVZ had the backing to see it through they began the diplomatic approach (and AVZ have continued to refer to CATH as a development partner). Once we had our first case win in march is when everything started heating up so to speak.

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

 

[dollarbills]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

What is your source for this info?

 

[Carlos Danger]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

 

[Azzler]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

$1.50 USD WITH CGT discount would be AMAZING!!

That is up until our alarm goes off and we wake from that dream...

 

[Winenut]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

Always good to speak with authority when you haven't really got a fkn clue.....

 

[Winenut]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

 

[wombat74]

Was the CATH/AVZ deal a sure thing ? If the Yanks hadn't stuck their nose in . Was Felix going to give CATH/AVZ the green light to avoid the ICSID? Some talking if the Yanks hadn't come along we were toast . But we had the CATH deal with ICSID leverage . Were we on our way to a winning CATH/AVZ JV anyway and the yanks have come and f--ked it up with the Security/Protection Deal for Felix ?

 

[Nellie17]

$1.50 USD is the offer currently on the table

CGT discount will be available

Announcement will be made before 30 June

Will this be the final offer. Time will tell.

You're a fu.king liar!

Cheers,
Nellie

 

[Xerof]

You're a fu.king liar!

Cheers,
Nellie

Nellie, you misspelled fucking…..

 

[Dazmac66]

Don't shoot the messenger!

 

[Doc]

$1.50 USD WITH CGT discount would be AMAZING!!

That is up until our alarm goes off and we wake from that dream...

What’s $1.50 divided by 3.5B? He never said per share

 

[Mr Inappropriate]

After reading a lot of comments here today I thought I’d add a few more to my previous post.

Firstly, all the comments about what a fair takeover offer might be, stem basically from two things.

1) KoBold have spent the last 5 months talking themselves up but to this day have never commented on the size, grade and value of what’s contained in our project.

Basically when they refer to AVZ all they say is the project is being disputed, and what you can draw from both those things is that they are in no way acknowledging the value of the project. They also like to add in the perception of risk, which I’ll address later in this post.

2) The second reason comments about offers have been made is because we all know the commercial value of the project and yet it appears to be getting undervalued by shareholders who have been historically close to Nigel.

The only price that was publicly mentioned was the price put out in The Australian article (which disappeared as quick as the public statement by KoBold that they had taken us over).

A brief look at the Australian will show you it’s owned by Rupert Murdoch (who controls major Trump supporter Fox News and other outlets including The Wall Street Journal).

Rupert Murdoch is also linked to Michael Bloomberg (Partner and Shareholder in KoBold) through their involvement in the Partnership for a New American Economy. Bloomberg and Murdoch, along with other CEOs, formed this partnership. So something to consider when mentioning the article in The Australian.

I would also say that shareholders have played a far greater part than the BOD in keeping AVZ in the fight against our enemies, with the exception of Nigel.

It was the information provided by shareholders here and on the other social media platforms that formed the major fight against the stooges and the large Chinese shareholders that tried to roll the BOD at the 2023 AGM. For this reason alone shareholders have every right to have their say on price and other things related to their investment.

Now when it comes to KoBold talking about risk, part of any takeover by them would include a ML being signed off so take that one out. The US has also made clear that other risks around changing mining laws, transparency, corruption etc will not be tolerated by the US.

Trump is desperate for critical minerals. He knows if he doesn’t get them from Africa, China will. He threatened Ukraine with withdrawing military support if Ukraine didn’t do a critical minerals deal with the US, and that was all it took for them to comply.

He has shown he wants the DRC’s minerals too as evidenced by Erik Prince’s military involvement providing security and has an agreement to provide US$6 billion worth of infrastructure funding around the Lobito Corridor.

What hasn’t been seen is any sign of actually supporting allies including us. Remember, the US and KoBold were nowhere to be seen when we needed litigation funding, it was only after CATH gave us $20 million for litigation and offered us an option of purchasing shares in a process plant built and paid for by them on top of them paying to develop the project.

@Skar no one is torpedoing any deals. If China was able to get a deal through Tshisekedi that allowed them to take us over for a few billion more than KoBold, who would complain. Everyone talks about Trump’s art of the deal, he uses leverage and we have the ICSID and the law on our side as leverage.

It seems they’re all asking for AVZ to drop the arbitration cases we’ve been winning and sweep the last three years of corruption under the mat to get the deal done. Might even have been signed by now if a good offer was on the table.

I would like to chill too for a few weeks, and all it would take for me to do that is for KoBold to come and say “The Manono project contains the largest highest grade SC6 at surface currently discovered” That’s all mate, it’s not that hard

Astute posting,@Dave Evans.

 

[Mute22]

If only there was ethical Australian businesses in the country.