Azzler
Top 20
China's already got half of Manono, stolen all to themselves, so ya know, fuck em.
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AVZ Discussion 2022
- Thread starter GazDix
- Start date
Winenut
GO AVZ!!!!
I don't know why anyone would offer to take over AVZ if Dathcom "didn't have" the ML or at the very least have some reasonable assurance that it would be receiving the ML as part of the deal
Just IMO
Yeh that would generally be the case , but I don't think f--king over Trump would end well for the DRC .
I think AVZ sits in a very fortune position atm. If the US makes an offer for a take over, Cath, without any doubt, will outbid the Us...and the bidding war begins. May be some bid out of the left field emerges, the saudis are always hungry for investment or even the EU who doesn't want to rely on the US or China for Critical minerals...may be Elon Musk in the mix....
Who knows how this will play out...but what I am saying is, that AVZ will sit in the Box seat and we, the shareholders, will have the last saying which offer we will except. We, the shareholders shouldn't budge for any low ball offer after nearly 3 years of an emotional rollercoaster ride... Onwards and upwards.... Go AVZ.... 12 $ US
Who knows how this will play out...but what I am saying is, that AVZ will sit in the Box seat and we, the shareholders, will have the last saying which offer we will except. We, the shareholders shouldn't budge for any low ball offer after nearly 3 years of an emotional rollercoaster ride... Onwards and upwards.... Go AVZ.... 12 $ US
Sad thing is, Australia doesn't seem to appreciate what we have under our noses to fight for and defend avzI think AVZ sits in a very fortune position atm. If the US makes an offer for a take over, Cath, without any doubt, will outbid the Us...and the bidding war begins. May be some bid out of the left field emerges, the saudis are always hungry for investment or even the EU who doesn't want to rely on the US or China for Critical minerals...may be Elon Musk in the mix....
Who knows how this will play out...but what I am saying is, that AVZ will sit in the Box seat and we, the shareholders, will have the last saying which offer we will except. We, the shareholders shouldn't budge for any low ball offer after nearly 3 years of an emotional rollercoaster ride... Onwards and upwards.... Go AVZ.... 12 $ US
That's neither a given....With an Icc result incoming and without doubt AVZ will win all the cases, the north, or at least the part where the drilling took place, will be most probably part of the deal...or another compensation or may be an offer from Zijin...but no way this will go for nothing or peanuts to Zijin. Its ours...full stop
Azzler
Top 20
IMHO only, the DRC will compensate us for the North.
It wont be anything near its true value, but it's too messy and holding up the deal with trump to go for years to get back the north doesn't make sense if we can get out reasonably clean and wealthy anyway.
We didn't invest for justice, we invested for money.
I like the idea of a bidding war, but in practical terms I struggle to see how it could play out this way.
Presumably Felix becomes beholden to the US in order to be saved from M23 and part of the deal is that AVZ gets the ML and sells out to Trump's US company of choice.
I don't see how any bidding can take place, since AVZ only gets the ML on condition of sale to the nominated US party.
Hard to see Trump intervening only to have Manono go to a non-preferred (non US) entity.
It's not like we can turn the deal down either - we know the ICSID/ICC route will likely be successful but its ability to bear fruit is unclear, given the difficulty of enforcing a financial penalty on a broke, corrupt regime.
Sure we could fight the good fight, but to what end? If we turn the US deal down, we can probably kiss goodbye any support in enforcing an ICSID decision.
Mute22
Regular
Just got my hands on a leaked copy of Trump’s new post-presidency autobiography. There’s a whole chapter where he claims he personally brokered a lithium deal between AVZ Minerals, the DRC, and the U.S. government to “stop China from powering our Teslas.” He calls it “The Art of the Lithium Deal” and says he brokered the deal while sipping Diet Coke and eating Big Macs - absolute madness!:
If we sell maybe they could wipe our sales tax .
Statistically speaking*, legitmately obtaining a mining license is only the 4th most common route for mineral extraction in DRC.
1. Paperbag (for either "license" or to ignore not having one or exceeding its limits)
2. Informal artisinal mining
3. Force (a-la-M23)
4. Due process to obtain a mining permit
*with my opinion being statistical fact because that's the world we live in now
Frank
Top 20
Fyi, Not sure if posted before, thought it was interesting and worth a look for those who may have missed it,
“This conviction is only a prelude to what is going to happen in this complex trial, which had its debut in Lubumbashi, Kalemie, and in Kinshasa, before the International Chamber of Commerce made this international arbitration decision,” said Jean-Pierre Okenda, who also asked: “what the Democratic Republic of the Congo wins, that the Congolese win and that the population of Manono, in Tangany Province,” said “that .”
He continued:
“I was in Manono, Manono Province, in February, the situation of local communities is very difficult. The population lives in indescribable poverty.”
Weighing the decision taken by the Congolese authorities to approve the licence of the Australian company AVZ and to reverse its decision some time later, the Senior Analyst and Executive Director of the Ong La Sentinelle des Ressources Naturelles, without a language in his pocket, says:
“The decision taken by the authorities is beneficial only to the elite in power, and not to the Congolese State in general.
In short, decision-makers took the decision extremely outside the interests of the communities ...”.
Without being a prophet of misfortune, Jean-Pierre Okenda, said he anticipated the failure of the Congolese Public Society Cominiere in this matter: ...
I sincerely feel that the Congo (as shareholder of the Cominière) will be a loser.
For there has been politicization in this case; there has been a collision of interest in this file ... “
In this exclusive interview with the Editor of Surveillance.cd, the Senior Analyst and Executive Director of the Natural Resources Sentinel, considers this situation as a waste in terms of income, in terms of impact for the communities, and in terms of the bad reputation of the DRC.
With such a dossier, we reinforce the negative image of the DRC, which does not know how to protect investments.
“Loss in terms of the image of the DRC, in terms of material losses, where is what the Congolese Public Society Cominière will find nearly EUR 40 million to pay, for the Australian company AV? "he wonders."
This expert invites the Congolese elite, which is in power, “to take decisions that give priority to the interests of Congo, the Congolese and the Congolese communities, for the good reputation of the DRC.”
surveillance.cd
DRC: Cominière conviction in the case of Manono's Lithium, Jean-Pierre Okenda talks about a logical follow-up of the case
The decision of the International Chamber of Commerce, ICC, to condemn the Congolese Public Society (therefore the Congolese State), to pay EUR 39.1 million to the Société Australia AV- is, from an analytical point of view, “quite logical”, for not having complied with the procedures of justice, says Jean-Pierre Okenda, Analyste Senior and Director of the “La Sentinelle” “La Sentinelle”.“This conviction is only a prelude to what is going to happen in this complex trial, which had its debut in Lubumbashi, Kalemie, and in Kinshasa, before the International Chamber of Commerce made this international arbitration decision,” said Jean-Pierre Okenda, who also asked: “what the Democratic Republic of the Congo wins, that the Congolese win and that the population of Manono, in Tangany Province,” said “that .”
He continued:
“I was in Manono, Manono Province, in February, the situation of local communities is very difficult. The population lives in indescribable poverty.”
Weighing the decision taken by the Congolese authorities to approve the licence of the Australian company AVZ and to reverse its decision some time later, the Senior Analyst and Executive Director of the Ong La Sentinelle des Ressources Naturelles, without a language in his pocket, says:
“The decision taken by the authorities is beneficial only to the elite in power, and not to the Congolese State in general.
In short, decision-makers took the decision extremely outside the interests of the communities ...”.
Without being a prophet of misfortune, Jean-Pierre Okenda, said he anticipated the failure of the Congolese Public Society Cominiere in this matter: ...
I sincerely feel that the Congo (as shareholder of the Cominière) will be a loser.
For there has been politicization in this case; there has been a collision of interest in this file ... “
In this exclusive interview with the Editor of Surveillance.cd, the Senior Analyst and Executive Director of the Natural Resources Sentinel, considers this situation as a waste in terms of income, in terms of impact for the communities, and in terms of the bad reputation of the DRC.
With such a dossier, we reinforce the negative image of the DRC, which does not know how to protect investments.
“Loss in terms of the image of the DRC, in terms of material losses, where is what the Congolese Public Society Cominière will find nearly EUR 40 million to pay, for the Australian company AV? "he wonders."
This expert invites the Congolese elite, which is in power, “to take decisions that give priority to the interests of Congo, the Congolese and the Congolese communities, for the good reputation of the DRC.”
surveillance.cd
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Statistically speaking*, legitmately obtaining a mining license is only the 4th most common route for mineral extraction in DRC.
1. Paperbag (for either "license" or to ignore not having one or exceeding its limits)
2. Informal artisinal mining
3. Force (a-la-M23)
4. Due process to obtain a mining permit
*with my opinion being statistical fact because that's the world we live in now
And just like the dysfunctional Victorian bail laws, due process should be followed only when all other options are exhausted.
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Azzler
Top 20
This might indeed be our compensation. Tax free sale.
Spikerama
Regular
Alright folks this is a very basic version of the new counter. NOT FOR PUBLIC consumption just yet. (JAG hold your horses)
What I thought would be good is to have some scrolling text bites at the bottom to add context the the story. There's only one in there currently but you get the idea. I'd love it if any one wants to write a few more, I can work them in.
Mainly though, since everyone has their browsers at different size settings I'd love it if you could post me a screen shot of what it looks like on yours. My Chrome is set to 150 % and it looks like this which is close to how I like it.
AVZ vs DRC @ ICSID - Final Countdown
Countdown to the ICSID tribunal of AVZ vs DRC (Congolese).
avz-icsid-final-countdown.netlify.app
What I thought would be good is to have some scrolling text bites at the bottom to add context the the story. There's only one in there currently but you get the idea. I'd love it if any one wants to write a few more, I can work them in.
Mainly though, since everyone has their browsers at different size settings I'd love it if you could post me a screen shot of what it looks like on yours. My Chrome is set to 150 % and it looks like this which is close to how I like it.
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Actually, you might be right. I recall that they hit super or self managed funds as well with the alleged fraudulent communications. Wouldn’t be surprised at all if some people panicked/relieved to exit the shit show thinking it’s really AVZ Board reaching out about the buy back. What a bunch of rotting balls sacks and dick stems they are. Can’t wait to see them on trial or worse.
rocknrolla
Regular
Getting my hopes up again. Starting to feel it $$$
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