AVZ Discussion 2022

Azzler

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Hah yeah man, thank GOD ( well @zeeb0t ) for this place.
Imagine going through all of this with only the crapper and endless trolls.
And thank god for all of you guys here too, I really feel part of a specialised community here. We can let our guards down a little and enjoy it too.

I was just thinking back to what it was like on the crapper right before this place happened, just mercilessly trolling by sociopaths.

So thank you to everyone.

GO TSE! :)
 
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Dijon101

Regular
I feel it in my plumbs
 
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JAG

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With the Manono project, the DRC seduces the whole world with the quality of its lithium​

October 26, 2022 TIGHANA MASIALA Economy, Politics 0
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The DRC is home to a number of metals that are essential to the energy transition and that stir up covetousness. While the country is already the world's largest supplier of cobalt and one of the major players in copper production, it now aims to add lithium mining to its bow. With its immense reserves, the Manono project in Tanganyika province is ideally placed to help it achieve this goal and the conditions are ripe for its development.
A healthy
market
Analysts and observers are unanimous. Demand for lithium can only continue to grow in the short to medium term, which will support higher prices. Like nickel or cobalt, lithium is used in the production of lithium-ion batteries, which are essential for electric vehicles. However, according to a BloombergNEF analysis published in mid-January 2021, sales of these cars are expected to increase by 60% and continue to grow over the decade, thanks in particular to incentive policies in most countries and the announced end of the diesel engine.
At the same time, a report by market research firm Market Research Future (MRF) and relayed by GlobeNewswire, confirms optimism about lithium. According to the authors of the paper, the global lithium-ion battery market (used in electric vehicles and some electronic devices) will witness a compound annual growth rate of 15.90% until 2026.
It should be noted that all these forecasts are based on a simple observation, that governments, ecological organizations and international organizations are all campaigning for the reduction of the carbon footprint, in order to limit global warming. This is why all projects that can help achieve its objectives receive special attention, both from political decision-makers and investors.
The great promises of the Manono
project
Until the interesting discoveries announced by AVZ Minerals, the Manono site was not known to house large lithium reserves.
It was certainly the subject of mining between 1919 and 1982, and continues to be home to small artisanal miners, but it was then the extraction of tin and tantalum. The successive updates of Dathcom, a joint venture created with the Compagnie minière (Cominière), have therefore aroused surprise and growing enthusiasm on the part of investors and potential buyers of the future lithium production.
Given the importance of metal, manufacturers of materials for electric batteries are scrambling to secure supplies very early, even for projects that are not yet in production. It must also be said that, in the case of Manono, they were encouraged by the data published by AVZ Minerals, majority partner in Dathcom.
Thus, the final feasibility study published nearly a year ago, in April 2020, estimated the life of the mine at 20 years. This forecast is based, we learn, on the mineral resources of Manono, which is considered the largest hard rock lithium deposit in the world. It hosts 44.6 million tonnes of "proven" reserves and 48.5 million "probable" reserves. Over the 20-year lifespan, the mine is expected to have an annual production capacity of 700,000 tonnes of spodumene concentrate (SC6), a feedstock needed for the production of lithium hydroxide and carbonate. Manono is also expected to deliver 45,375 tonnes of primary lithium sulphates each year.
In addition, the project also seduces on the financial aspect. In addition to the annual EBITDA of USD 380 million over the life of the mine, the project would have an internal rate of return of 33% and an after-tax net present value of USD 1.03 billion, according to DFS.
This last point should even see a significant improvement due to the steady growth recorded by the lithium market in recent months. Realizing the project's potential will require an investment of USD 545.5 million, recoverable after 2.25 years. These estimates are already very promising and have been rather well received in the market, as evidenced by the rise of more than 200% of AVZ's stock on the ASX stock exchange, in Australia.
World-class
lithium quality
In the course of studies demonstrating the capabilities of the Manono project, producers of materials for electric batteries are pointing the tip of their nose. Just a few months after the feasibility study, AVZ Minerals received its Christmas present in the form of Manono's first-ever lithium picking agreement.
Announced a few months ago, the partnership negotiated with Ganfeng Lithium, one of China's largest producers of battery electric materials, will run for an initial period of five years, with the possibility of being extended thereafter. Under the terms of the contract, AVZ is to supply up to 160,000 tonnes of spodumene concentrate (SC6) annually.
"The fact that we have signed our first drawdown agreement with China's largest producer of lithium compounds only reinforces our belief that the Manono project is world-class," said Nigel Ferguson, CEO of the company.
Manono, a strategic place for the industry of the future...
To confirm its hopes, the company sought the support of the Canadian laboratory Kingston Process Metallurgy. The results of the tests announced in January 2021 revealed that spodumene extracted in the DRC can be perfectly used in the production of electric batteries. The primary sulfate obtained after purification contains more than 80% pure lithium, the ideal raw material for the production of lithium-ion batteries. This good news may have increased buyer interest, as less than two months later, AVZ Minerals confirmed that it had already found buyers for more than 50% of SC6's marketable production at Manono. The company has entered into a new supply agreement with another Chinese partner, Shenzhen Chengxin Lithium, one of the world's leading producers of lithium hydroxide and carbonate.
The company has entered into a new supply agreement with another Chinese partner, Shenzhen Chengxin Lithium, one of the world's leading producers of lithium hydroxide and carbonate. The latter has committed to purchasing up to 180,000 tonnes of SC6 concentrate annually. The agreement is for an initial period of three years, but may be extended by prior agreement of the parties.
Ready to go into production?
Over the past few months, AVZ Minerals has made significant progress in the development of the Manono project. In addition to the levy agreements, the company is considering, for example, ways to reduce the carbon footprint of its future activities at the site. It called for an independent assessment, whose findings have recently emerged have shown that the mine can be one of the least polluting in the world. The company plans to rehabilitate the Mpiana-Mwanga hydroelectric power plant, which will mitigate greenhouse gas emissions. This plant should have a capacity of 54 MW in the long term, allowing to achieve 90% savings on energy costs.
It called for an independent assessment, whose findings have recently emerged have shown that the mine can be one of the least polluting in the world. The company intends to rehabilitate the Mpiana-Mwanga hydroelectric power plant. Added to this is the acquisition of an electric car fleet, which will limit diesel consumption. While the various engineering works progress, all that remains now is to complete the financing in order to launch the construction work.
The entry into production is expected to increase the DRC's influence in the strategic metals sector and generate millions of US dollars in revenue for the public coffers. For now, Kinshasa is hesitating, plunging Manono's project into total uncertainty.
With Ecofin Agency
 
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pow4ade

Regular
Quick reminder to AVZ masochists, pineapplers, drunks, stoners and other assorted thrillseekers. No Nut November is just around the corner. Take the pledge...if you're game:

https://www.ladbible.com/news/lates...-starting-no-nut-november-from-today-20211031
Speaking of thrill seekers, the $10m Golden Eagle run this Saturday at Rosehill features In the Congo, trained by Gai Waterhouse and currently listed as third favourite at $8.50. May be a good chance for AVZ punters to finally score a divvy lol.
 
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Retrobyte

Hates a beer
Speaking of thrill seekers, the $10m Golden Everest run this Saturday at Rosehill features In the Congo, trained by Gai Waterhouse and currently listed as third favourite at $8.50. May be a good chance for AVZ punters to finally score a divvy lol.
The chance of seven and a half bags in a couple of minutes
 
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Winenut

GO AVZ!!!!
Speaking of thrill seekers, the $10m Golden Eagle run this Saturday at Rosehill features In the Congo, trained by Gai Waterhouse and currently listed as third favourite at $8.50. May be a good chance for AVZ punters to finally score a divvy lol.

I had a bet on that nag race 5 Moonee Valley on Sept 3rd

Bloody thing still owes me 50 bucks! :ROFLMAO:

I might just do the old AVZ double-down on Saturday and see if I can get my money back!!

Not financial advice. Gamble(invest) responsibly... :p
 
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JAG

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Musk is in the house :ROFLMAO::ROFLMAO:

 
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Frank

Top 20
How will Zijin break the news to its shareholders that they handed back the 15% bargain investment deposit of US$5 million in Dathcom to the DRC Government, without losing face?

Don't forget that the news items quoted are Aussie 9/5/22 and not 5/9/22.

Are they going to say we tried to steal it for you, or are they going to say we were just joking? :oops::oops::rolleyes::rolleyes::rolleyes::eek::eek::eek::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO::ROFLMAO:

More likely they will say,

did-someone-say KFC.jpg


Or

#Early-Bird.jpg


Or

#AVZManono # .jpg


Or

#i-know-nothing-i-hear-nothing.jpg


IMO ;)
 
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Bray

Regular
Don’t forget to buy a ticket for the 160 Mil powerball tonight big dogs!
 
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oxxa23

Regular
Don’t forget to buy a ticket for the 160 Mil powerball tonight big dogs!
don't waste your money... i've already got the winner..
 
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Frank

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JAG

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JAG

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Remark

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"I checked CAMI the tenth time today
And practiced all the AGM things I'd say
Nige came over, I lost my nerve
I took the pineapple and made him dessert

Oh, I know I'm being used
That's okay, man, 'cause I like the abuse
I know he's pineappling me*
That's okay 'cause I've got no self-esteem"



Edit - * partial credit to @DiscoDanNZ 😆
 
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GuruDukun

Regular
https://www.finanznachrichten.de/na...s-update-zum-schiedsgerichtsverfahren-674.htm

Here is a article (advertisement) in German which discusses the issues at Manono by Axino Capital.

On social media Commentary':

"Interested parties and also the invested investors should therefore not interpret a continued silence by AVZ Minerals on statements made in the social media as a tacit confirmation of these remarks of any kind. Rather, patience is still required in the tiresome affair. This should be quite easy, at least for the invested investors, since at least the concluded contracts support rather than impair the legal position of AVZ Minerals."
 
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DiscoDanNZ

Regular
"I checked CAMI the tenth time today
And practiced all the AGM things I'd say
Nige came over, I lost my nerve
I took the pineapple and made him dessert

Oh, I know I'm being used
That's okay, man, 'cause I like the abuse
I know he's playing with me
That's okay 'cause I've got no self-esteem"



OUT-FUCKING-STANDING, if I could just offer one suggestion

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Remark

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JAG

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Frank

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Days of our DRC Lives.jpeg


Imbalance in the 2023 presidential election: does the Tshisekedi-Mukwege duo dismiss Fayulu, Katumbi and Kabila from the race?

For a few days now, it has been rumored in the corridors that the Congolese Nobel Prize winner, Doctor Denis Mukwege, would be a presidential candidate for 2023.

These revelations on the future in politics of Doctor Denis Mukwege are coming out everywhere and especially on social networks , especially Twitter, although the interested party himself did not say anything about it.

This is what is legitimate because the most famous of Congolese doctors, as a citizen of this country, enjoying the fullness of his rights like others, is free to apply for any political position in his country.

His alleged candidacy received a favorable reception from a certain opinion to the point that several associations and movements joined forces to support this candidacy.

And as a premonitory sign, the Panzi hospital has recently received several distinguished visitors who have come from afar to admire the work done by the man who is nicknamed the "women's repairer".

These include former French President Francois Hollande, Countess of Wessex Sophie Rhys-Jones, and more.

Still, Mukwege if her announced candidacy is confirmed, she will join several others announced long before him.

This is particularly Martin Fayulu.

2nd in the 2018 presidential election. He has always accused an electoral hold-up in the ballot organized by Corneille Nangaa and has always considered himself "Elected President", according to his own count.

Currently, he is on a Euro-American tour although he no longer manages to galvanize the crowds as before and to be received by officials.

He preferred to opt for conferences and seminars, sometimes paying and more often empty.

Undoubtedly, this is due to his congenital ruptures with his political partners of yesteryear within the Lamuka coalition, the latest of which is former Prime Minister Adolphe Muzito, also a declared candidate for the next presidential election.

The latter, during a press briefing, attacked his ex-brother with crude terms straight out of the local musical universe: “Boyebi Wenge Musica…?

Bamoni JB azosala success, bakosi ye, bayebisi ye: yonde ozosala ke Werra azala! So abandi (JB) kosala ba nzonzing na mark na ye… abandi ko neglect ndeko na ye… asali patriotic block without that nayeba…”

These "truths" of Adolphe Muzito who speaks of Lamuka and the egocentrism of Martin Fayulu are rejected by the Fayulu camp, one of whose collaborators, Nico Mayengele, qualifies Muzito as a "mediocre" candidate.

There is also Moïse Katumbi who has never taken his eyes off the presidency.

The repeated failures of TP Mazembe in African interclub competitions did not disturb his ambitions at the city of the AU.

From Kashobwe, he multiplies interviews on foreign channels and attacks the record of Felix Tshisekedi while his party, "Together for the Republic", is a member of the ruling coalition with several ministers.

Another candidate, probably the least, is former Prime Minister Matata Ponyo.

Although his candidacy is more linked to his legal setbacks, he hasn't spoken about it lately. He has become as if voiceless.

Would he have finally withdrawn?

Without forgetting the Kabila camp whose thirst to return to power has never been quenched. But with which candidate?

Joseph Kabila being dismissed logically although some constitutionalists do not share this opinion, it is rather the former first lady, Olive Lembe Kabila, who multiplies targeted attacks against the current President.

She would be presidential according to certain indiscretions.

And suddenly, an opinion tells them without saying that "all of you there, you don't have the weight!" ".

The only person capable of facing Felix Tshisekedi is Dénis Mukwege.

Otherwise it's going to be an unbalanced struggle.

That's what it means.

In that case, why should the Tshisekedi camp complain?

Why did these communicators redirect their organs from Stalin to Mukwege?

He should rather feel perked up since the competition is withering.

Politics is a minefield and muddy, we dirty our clothes parading there.

Doctor Mukwege must know that his white coat will come out reddish like after a bloody surgical operation.


Faustin Katanga, analyst, believes that the man has become a kind of myth through this civil combat which has rightly earned him the international honorary distinction.

All the fear now is to see this myth collapse on the political stage on which it has chosen to express itself now.

“Prudence would have liked the doctor to first master his chosen sector – health and civil society – before throwing himself into a somersault. Still fresh in our memories is the learned observation of Jean de Dieu Nguz – a – Karl I Bond to Bishop Monsengwo at the time.

The urgency of the moment forces everyone to dive into troubled waters, since the Republic is in danger, it is absolutely necessary to save the DRC…,” says Faustin Katanga.

And to continue:

In connection with his political commitment, in particular at the National Sovereign Conference, the former Prime Minister at the time said: “Can we throw ourselves into a swimming pool full of water, and hope to come out dry? ".

By throwing himself into politics today, Doctor Denis Mukwege exposes himself to attacks of another kind.

Here all shots are allowed, but above all it will even be necessary to walk on the interests of those who were claimed to be protecting yesterday.

In the political field, the popular interest is not always the common thread of the action of the leader, exposing him to general disapproval. »

He concludes: “Furthermore, the interests of his constituents do not always coincide with those of the kingmakers who sponsored his accession to power.

As proof, the gap between the discourse of the American administration and its action in eastern DRC.

In short, there is a risk of antagonizing the population or the world powers.

In the first case, we lose all the prestige that characterized the leader; in the second, the coup de force would be the least reward, otherwise, it is assassination!

Hence the importance of caution in the face of requests from Westerners for political responsibilities, especially when proven experience in this area is not justified.

You should know that by committing to this voice some had paid a high price for it in history, is Doctor Mukwege the next one?

History will tell us more.


mediacongo

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