Amovatio on the crapper:
Your point about the net worth of Bezoz, Gates and Bloomberg is precisely the point I was suggesting why AVZ should be looking at all options to secure the best possible price for Shareholders rather than simply the first group to put an offer forward.
The US has hardly been quiet about the need for critical minerals and rare earths and it will do nearly anything to support countries that will grant it access to these resources that doesn't include China in the supply chain.
I don’t feel the need to discuss price any further as I was buoyed by the announcement released by AVZ that it had in the discussions concerning US investment in the DRC, agreed to a non binding framework with Ko Bold Metals for the purchase of AVZ’s interest in the Manono project. I am certain AVZ is strongly aware of all shareholders interests and concerns, that is why it is considering all avenues to explore a resolution of the current issues.
Without access to these resources from Africa the electronics industry in the US was going to experience a supply shortage in critical and rare earth components. Kobold Metals Company decision to look at purchasing AVZ’s interest in the Manono Project is also very clear because without a balanced supply chain, the future was not looking good for the price of electronics equipment. US investment now holds the key to unlocking the potential to reducing this risk in the supply chain by guaranteeing access to these resources without China influence.
Yes, we have no ownership of land only a title over the tenement of Manono. But our intellectual property is significant. This is definitely something Bill Gates knows a lot about particularly how people pay for licensing.. Bill Gates and his mates are desperate to secure these resources from Africa.
AVZ went to Africa with Shareholder investment on a mission of exploration and discovery.What we uncovered through our exploration works was a behemoth in resources of every kind. If I can draw an analogy in history…. the discovery of Lithium in Africa would be similar to Gold being discovered in Australia back in the 1850's, such will be the impact of mining in the prosperity of the African people.
AVZ is conscious of the broader geopolitical challenges in achieving a resolution in relation to the Manono Project, however it appreciates the opportunity that has emerged to explore a resolution of the current issues relating to the Manono Project, which it will continue to pursue in a constructive and open manner in the best interests of its shareholders and other key stakeholders, including Suzhou CATH Energy Technologies.This to me is not a statement about selling out investors but one of achieving best outcomes for everyone concerned.
I am absolutely certain the Americans will look after their investment interests moving forward with the highest security and agree to pay a fair value to purchase our interests when the peace deal has been signed between the DRC and Rwanda.
In response to a few posts, I have read I am definitely not an Agent and most certainly haven’t lost my mind.I want a resolution to the current issues as much as everyone else that has held shares across the journey.
The Legal process AVZ has started was not the investor crusade we set out for but as shareholders I am sure most are grateful to our Management team and DLA piper Lawyers for their diligence to protect our investment against those that sought to send us broke. Like you I am confident our team will end up with a favourable outcome now that we have solid interest from wealthy western constituents.
Good luck to All and hope someone kicks off the AVZ Investor party to celebrate the resolution when this is all behind us.