AVZ Discussion 2022

[Huntian]

However, the project is being hampered by a dispute between the DRC and the Australian company AVZ Minerals, which still claims rights to the site. "As soon as this dispute is settled, we will issue the permit," said Popol Mabolia Yenga

https://archive.md/9suNL

The DRC’s rulers have reportedly already given their thumbs up to the deal.

Multiple sources same information.

Skar, I don't think the significance of the statement in this article is appreciated. If true is seems the terms of a JV between Kobold & DRC have been finalised and the only thing holding up a payout for us all is a negotiated 'fair' price to piss off. A resolution therefore must be AOON!
Perhaps this has been discussed in further fruitfulness in the 'private group' whereas here everyone appears too busy indulging the egos of idiots by responding to them. GLTAH

 

[cruiser51]

However, the project is being hampered by a dispute between the DRC and the Australian company AVZ Minerals, which still claims rights to the site. "As soon as this dispute is settled, we will issue the permit," said Popol Mabolia Yenga

https://archive.md/9suNL

The DRC’s rulers have reportedly already given their thumbs up to the deal.

Multiple sources same information.

Skar

Hate to disappoint you.

This story is almost older then Ben Hur mate.

It was in the West Australian newspaper Thursday 8 May 2025, letter for letter, word for word, sentence for sentence illustrated with pictures from the West archives, copied from the AVZ website.

So Please don't shoot all your seed in one big enormous powder puff mate, just go to the pub and have a pint of ale to settle the nerves.

 

[ozmacca]

Acquisition Price (USD)	Equivalent AUD (Billions)	Implied Share Price (AUD)
US$3.0 b	A$4.80 b	A$1.36
US$3.5 b	A$5.60 b	A$1.59
US$4.0 b	A$6.40 b	A$1.81
US$4.5 b	A$7.20 b	A$2.04
US$5.0 b	A$8.00 b	A$2.27

Conversion rate used: Roughly 1 USD ≈ 1.6 AUD

Potential stupid question alert - this seems to be assuming AVZ only portion of project (should be 75%) is worth that, so on these maths the total project is inferred to be worth 25% more?
Trying to figure out if the total project is sold for (using whole numbers for example purposes only here ) $5bn AUD , then shareholders only get 75% of that? Cheers

 

[Skar]

Skar

Hate to disappoint you.

This story is almost older then Ben Hur mate.

It was in the West Australian newspaper Thursday 8 May 2025, letter for letter, word for word, sentence for sentence illustrated with pictures from the West archives, copied from the AVZ website.

So Please don't shoot all your seed in one big enormous powder puff mate, just go to the pub and have a pint of ale to settle the nerves.

Yeah when dying of thirst in the desert you start drinking the sand. Official announcements only.

 

[Hodlandwin69]

New minister of mines

 

[cruiser51]

Yeah when dying of thirst in the desert you start drinking the sand. Official announcements only.

Right....
Too many over-excited vegimites wetting themselves, no need for that.

To settle the nerves:

 

[Strongman]

Potential stupid question alert - this seems to be assuming AVZ only portion of project (should be 75%) is worth that, so on these maths the total project is inferred to be worth 25% more?
Trying to figure out if the total project is sold for (using whole numbers for example purposes only here ) $5bn AUD , then shareholders only get 75% of that? Cheers

Potential stupid question alert - this seems to be assuming AVZ only portion of project (should be 75%) is worth that, so on these maths the total project is inferred to be worth 25% more?
Trying to figure out if the total project is sold for (using whole numbers for example purposes only here ) $5bn AUD , then shareholders only get 75% of that? Cheers

Hey Oz the 75 % is the actual lawful position of our ownership of Dathcom ( which lawfully owns PR 13359) we hold in our arbitration fight with DRC, Zijin, Comminiere et al. This of course does not reflect the current totally illegal position that DRC purports to be the situation. ie Manono lithium ( comminiere Zijin partnership) owns 15775 which is the northern section of 13359 that was magically created with the help of a few brown paper bags and Comminiere owns the remainder of 13359 ...apparently
AVZ DFS and subsequent massive resource upgrade was based on Roche Dure....the southern half. The northern half now pr 15775 has Carriere de L'este pegmatite which although partly drilled by AVZ was not part of the DFS.
Kobold in assessing their buy out figure have already conceded the north ( PR 15775) to Manono Lithium and Roche Dure is the target and this is what they are basing the project value on. Whatever the negotiated price is it is 100 % paid to AVZ....more a compensation payment than a payment for the project itself. Kibeya and his slime ball mates have already stolen the north and if anything Zijin may in fact be forced to pay some of the compensation package i reckon.
So the answer to the question is we get 100 % of payout...Comminiere can fuck right off. Hopefully we can by pass the DRC tax system as well

 

[Felix]

Fuck, that story was a rerun of the 8 May story. I knew I shouldn’t read those idiots at the West Australian. Fucking click-bait, worse than the Toilet on the crapper

Jesus, I could still be rooted by the ICSID after all

 

[Bin59]

https://x.com/kizpaka/status/1953738668708917578

As my mission at the head of the
@MinMinesRDC comes to an end, I would like to express my deep gratitude to His Excellency the President of the Republic, Head of State, for the trust placed in my modest person, as well as to Her Excellency the Prime Minister @SuminwaJudith, Head of Government, for her constant support. It has been an honor and a privilege to serve our Nation in such a strategic sector. I extend my warm congratulations and wish every success to the members of the Suminwa II Government in the discharge of their high responsibilities. I leave my duties with the feeling of duty accomplished and remain confident about the continuation of the efforts undertaken, under the leadership of His Excellency @LouisWKabamba ,
Minister of Mines. KP


6:42 PM · Aug 8, 2025

 

[Huntian]

https://www.rfi.fr/fr/afrique/20250...is-pour-un-vaste-projet-d-exploration-minière

 

[FatCatz]

wonder where Nigel and the board are in all of this? hopefully not left off the invite list...

 

[Huntian]

wonder where Nigel and the board are in all of this? hopefully not left off the invite list...

Ironically, I'd imagine much like this forum.... Nigel hasn't been invited into the private group chat yet