AVZ Discussion 2022

[Winenut]

 

[Modo]

It's all a fucking circle jerk

Tax, ownership, takeovers the whole fucking lot

"IF" AVZ has a majority interest in Dathcom then a takeover of AVZ could provide control of the Manono asset

We currently don't know if the fuck AVZ has majority control of Dathcom and therefore by default control over the fucking mining licence

I'm fucking, fucking sick to fucking death of this ownership bullshit!!!!

Sort it the fuck out

If someone wants Dathcom it's possible without FIRB

If someone wants ownership of AVZ then FIRB will be involved

No-one wants ownership of AVZ (and no-one will be trying to take it fucking over) unless it has majority ownership and control of Dathcom....and we still have no fucking clue on that currently

Circle work, fucking circle work, fucking circle work until the FUCKING OWNERSHIP % of DATHCOM is determined and currently that's in the hands of fucking corrupt cunts at Cominiere and the seamingly impotent Govt of the DRC

FFS

Apologies slight rant on a red or two but fuck me

How many times do we have to go over this shit?????

How long do we have to fucking wait to get it sorted????

How long do we have to wait for AVZ, the DRC, FT and the DRC authorities to clear the fucking corrupt fucking mess up!!!???

Don't start me on the arbitration fiasco

Fuck me

Focker out!.......

Maybe Felix should spend less time gallivanting around the globe and more time focussed on his people and their natural assets, and get things done.

A country that has one of the worst malnourished child populations, but its leader is one of the most obese on the world stage sends a worrying signal.

Does he really care for the people of the DRC, or just his own interests?

Trotters in the trough comes to mind in a few areas.

IMO

 

[Modo]

Obe wan if your here mate just stop playing with Gareth …. Come home & stay home this is where you belong, stuff those haters over there…

GLTAH

Yep, not the best bet to take imho

Obe wan could be here full time ......... may not have too much choice

 

[Thunderpony]

Who knows anything anyway?
Me, I figure the board are all smarter than me, with more inside knowledge.
I'm a simpleton at the best of times, so I can't cast comment of any of this. But I also don't rage-type to vent.

Each to their own.

 

[Mickyb64]

It's all a fucking circle jerk

Tax, ownership, takeovers the whole fucking lot

"IF" AVZ has a majority interest in Dathcom then a takeover of AVZ could provide control of the Manono asset

We currently don't know if the fuck AVZ has majority control of Dathcom and therefore by default control over the fucking mining licence

I'm fucking, fucking sick to fucking death of this ownership bullshit!!!!

Sort it the fuck out

If someone wants Dathcom it's possible without FIRB

If someone wants ownership of AVZ then FIRB will be involved

No-one wants ownership of AVZ (and no-one will be trying to take it fucking over) unless it has majority ownership and control of Dathcom....and we still have no fucking clue on that currently

Circle work, fucking circle work, fucking circle work until the FUCKING OWNERSHIP % of DATHCOM is determined and currently that's in the hands of fucking corrupt cunts at Cominiere and the seamingly impotent Govt of the DRC

FFS

Apologies slight rant on a red or two but fuck me

How many times do we have to go over this shit?????

How long do we have to fucking wait to get it sorted????

How long do we have to wait for AVZ, the DRC, FT and the DRC authorities to clear the fucking corrupt fucking mess up!!!???

Don't start me on the arbitration fiasco

Fuck me

Focker out!.......

Well said Nut, I think that's a very accurate summation of the current situation.

 

[Deleted member 1612]

Maybe Felix should spend less time gallivanting around the globe and more time focussed on his people and their natural assets, and get things done.

A country that has one of the worst malnourished child populations, but its leader is one of the most obese on the world stage sends a worrying signal.

Does he really care for the people of the DRC, or just his own interests?

Trotters in the trough comes to mind in a few areas.

IMO

Easy for us to say when our only interest is AVZ and mining Lithium. As important as that is to the DRC, Felix May just have a couple of other things on his plate…

“Goma, DRC – For decades, the Democratic Republic of the Congo has been the scene of one of the world’s longest-running conflicts.

In the latest iteration which began in May, its army has been fighting the M23 rebel group, which is waging its most sustained offensive since a 2012-2013 insurrection when it seized vast swathes of territory.

By area, the vast Central African state is the second-largest country on the continent and the 11th-largest in the world.

That space, especially its mineral-rich eastern region, has been the battleground for more than a hundred armed groups fighting for control of territory there or using it as a base to launch attacks into some of its immediate neighbours – Angola, Burundi, Central African Republic, Rwanda and Uganda.
Consequently, that has led to the death and displacement of many Congolese citizens.
This month, the Norwegian Refugee Council declared the situation in the DRC as the world’s most neglected refugee crisis – for a second year running. At least five million people are internally displaced and one million more fleeing abroad, the aid group said”

 

[Winenut]

For the record I am back on my meds and have resumed normal transmissions

Also for the record it felt fantastic and cathartic to get that out of the system

Each to their own hey pones...

 

[Bin59]

This morning I listened to a video of Dale Henderson (Pilbara Minerals) presenting at the Diggers & Dealers conference where he highlighted that we are still at the very beginning of the transition to EVs, creating strong demand for lithium / batteries for many years to come. The video presentation is worth watching (if interested) as a source of encouragement for what we have to look forward to in our journey to becoming a world class lithium (and tin) miner.

As frustrating as the wait has been, after watching this video I felt more confident that the time it is taking to get the ML will end up being a blip in time in the history of AVZ / Dathcom becoming a monster lithium producer

PS - PLS targeting 1mt pa
AVZ targeting 4.5 - 10 mt pa to start

 

[hedrox]

The suspension is not about the arbitration, its about the surface rights and calculation.....here we go, from German newspaper

 

[TDITD]

For the record I am back on my meds and have resumed normal transmissions

Also for the record it felt fantastic and cathartic to get that out of the system

Each to their own hey pones...

looking forward to the next one

 

[TDITD]

The suspension is not about the arbitration, its about the surface rights and calculation.....here we go, from German newspaper View attachment 13373

I'd like it to be mentioned in the Announcement upon our reinstatement that the DRC are looking to prosecute those motherfuckers responsible for the crimes involved around this project which has held it up.

I hope I'm not the only one that thinks it wont be enough just to have it confirmed we got 75% and are in talks with govt over 15%, we knew this all along, the criminal bastards must face justice here. Simon Cong, Cominere, Zijin, CAMI all those twats they can link to this.

This mine is going to be their biggest mine, great for the budget an economy locally and at a national level. They simply cannot let the corruption and breaking of laws around this project just slide its too big.

 

[TheCount]

AVZ's assets will prosper and endure for multi-generations, which matches my role as a parent - to provide for those future generations.

If there's a few more months for that to crystallise, then so be it.

TC.

 

[John25]

L

Hey Wino, Just wondering, you on the same Meds as Me atm


View attachment 13382

Looks too big to be taken orally Frank

 

[ThisTimeWin]

So Nigel and the board can employ lawyers to hold press conferences in Kinshasa where they outline AVZ's position in detail. As well as tweet about journalists visiting the Manono site, but they can't update ASX shareholders of these events through official announcements or do an interview (through lawyers if necessary) in English?

Pardon my French but that is merde de taureau

RDC/Projet d'étain et lithium: "AVZ n'a pas bradé ni pris en otage le projet d'étain et lithium de Manono", Me Christian Lukusa (Droit de réponse).

Le cabinet d’avocats Momentum Attorneys & Advisors et AVZ international Ltd est sorti de son silence pour répondre aux accusations

www.election-net.com

View attachment 13358

The hold is up with CAMI not issuing the license according to AVZ's lawyers. They called for the personal involvement of President Tshisekedi three weeks ago at the press conference. It seems nothing will happen until he gets involved. We will be in suspension until he or someone else in the government decides to act. Hopefully they do so in our favour. Meanwhile we are very likely to be removed from the ASX200 and possibly the ASX300 for low liquidity over the last six months unless we trade again soon.

https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-asx-australian-indices.pdf

View attachment 13359

If this occurs then we could get every announcement we are waiting for with the BFS saying we will make billions a year and when we open the share price will likely go lower in the short term because funds are forced to sell.

I trust Nigel and the board will make the best decision for long term shareholder value. They have an obligation to and always have so far, but considering this suspension is taking far longer than they anticipated and the risk of being removed from the indices, they should be more transparent with shareholders imo

Remember......

If those funds indeed have to sell they might want to ask back the shares they loaned out to shorters.

90M shares I believe. That's buying pressure.

 

[TDITD]

L

Looks too big to be taken orally Frank

fuck well that's no good, if we end up losing to Zijin and Dathomir then its gonna slip right out as soon as its put in.

 

[John25]

fuck well that's no good, if we end up losing to Zijin and Dathomir then its gonna slip right out as soon as its put in.

We should be ok ...you know what they say about Asian dicks

 

[Samus]

Hey Wino, Just wondering, you on the same Meds as Me atm


View attachment 13382

Wino said he's on the mushies, so I can see why he's upset. He'll have realised the meaning of life and the secrets of the universe but still have no fucking idea what's going on at Manono!
Btw I'll take some of that, but intravenous rather than rectal thanks.
Need a real good hit.

 

[BEISHA]

I do believe a TO will eventually materialise, I never believed AVZ is staffed, experienced or capable to design, procure, construct and run the largest hard rock lithium mine and transport its product. But IMO the company will never be allowed to be sold wholly to a Chinese entity, it would not get through FIRB. One of large Australian miners or international consortium is more realistic. The Chinese challenges IMO all revolve around % ownership of Dathcom and the ML tenement split, not AVZ TO.

However TO will not happen until a number of things fall into place to have clarity on the value of AVZ:
1) Clarity on the ML - what is covered, is CDL included or not - how much of the asset is covered for exploitation and how much under exploration, and with who
2) Ownership - does AVZ own 51%, 66%, 75% of Dathcom or something else
3) BFS on 4.5 and 10MTpa - put it out there how much AVZ thinks the asset is worth
4) MEZ - commercial / Tax regime
5) Further Off-takes?
6) Further drilling to increase resource base?

IMO we definitely need items 1, 2 and 3 to negotiate a TO.

" I never believed AVZ is staffed, experienced or capable to design , procure, construct and run the largest lithium mine and transport its product "

Cant say i agree with you there, Nigel and staff have got us to the ML decree stage rather nicely despite many obstacles i am sure and have brought CATH / CATL on board to utilise their vast experience in developing mines......so bases covered as far as i am concerned.

Now i may get scorched with what i am about to say next, but if i took the emotion out and just looked at the business at hand here, if Zijin does have a claim on the snack 15%, they have a good track record of developing mines too, now obviously no one knows what goes on in the inner sanctum of AVZ / DRC negotiations, but could there be a possibility that AVZ retains 51% control, CATH 24 % , Zijin 15%, DRC 10%, with Zijin paying DRC the balance of what is owed plus a pro rata sum of money to AVZ for the development / expense already under taken ?

Dont get me wrong, i dont trust Zijin as far as i can kick the bastards and my preference is to seek the 66% if it can be achieved, but if its going to settle relations on both sides and progress construction / production , whilst foregoing the long tedious ICC route, then maybe thats an option.

IMO of course.

 

[Flight996]

" I never believed AVZ is staffed, experienced or capable to design , procure, construct and run the largest lithium mine and transport its product "

Cant say i agree with you there, Nigel and staff have got us to the ML decree stage rather nicely despite many obstacles i am sure and have brought CATH / CATL on board to utilise their vast experience in developing mines......so bases covered as far as i am concerned.

Now i may get scorched with what i am about to say next, but if i took the emotion out and just looked at the business at hand here, if Zijin does have a claim on the snack 15%, they have a good track record of developing mines too, now obviously no one knows what goes on in the inner sanctum of AVZ / DRC negotiations, but could there be a possibility that AVZ retains 51% control, CATH 24 % , Zijin 15%, DRC 10%, with Zijin paying DRC the balance of what is owed plus a pro rata sum of money to AVZ for the development / expense already under taken ?

Dont get me wrong, i dont trust Zijin as far as i can kick the bastards and my preference is to seek the 66% if it can be achieved, but if its going to settle relations on both sides and progress construction / production , whilst foregoing the long tedious ICC route, then maybe thats an option.

IMO of course.

I have no idea which way this will go, but in your scenario Zinjin would also need to compensate AVZ for the opportunity cost of losing the 15% of project and its future income stream. That would be a sizable amount.

Cheers
F

 

[BEISHA]

I have no idea which way this will go, but in your scenario Zinjin would also need to compensate AVZ for the opportunity cost of losing the 15% of project and its future income stream. That would be a sizable amount.

Cheers
F

Correct me if i am wrong, but that extra 15% was never a given, it was to be negotiated.

Mr market valued AVZ as having 51% control up until the extended suspension.

Agree with you in the aspect that Zijin needs to compensate AVZ for devedlopment costs aleady spent plus an added premium of snacks for being a sneaky weasel...........

Aagh, who the fuck knows...........just gotta wait it out, meanwhile as @John25 has stated, lithium coys are turning the wheel nicely making some nice gains..

LTR 88 - 149, GLN 96 - 131, PLS 206 - 285, AKE 10 - 11.72 etc

FRUSTRATING indeed @Frank

imo