AVZ Discussion 2022

[Remark]

Blah, blah blah

 

[Bin59]

Bit late for Friday funnies, but for anyone who goes (or doesn’t go) caravaning this should give you a good laugh ..

https://x.com/bagshaw2112/status/1953703722858488090

 

[Xerof]

The collaboration reaches a new stage: KoBold has officially submitted applications for exploration permits for Congolese territory.

Published on : 08/07/2025 - 11:58 P.M2 mins

Hey fuckwit, how is this new news?

everyone except you it seems has known this since mid July, when the Kobold guy handed over about 21 files of application for permits to explore, with a brown paper bag lying on top

The photo was published on X and on TSE weeks ago, and you are just catching up?

The only part of the agreement left to be fulfilled was for the DRC to find an envoy to assist with settling 13359 legals, by 31 July. Oops….they can't find anyone who is acceptable to the US?

Sorry all, I’ve just come out of the ‘secret cave’ to get poor old toolate on the right track - again

 

[ozmacca]

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

Appreciate the response mate, cheers.

And agree, I vaguely remember DRC tax being something in the realm of 30%, which is fucken criminal given they’re been on the take the whole way through.

You’d think, or at least hope, that given the extent of corruption and evidence we’d have that any deal would have that tax waived. Or else the 30% to be added to the buyout price.

So…. $12 x 130%

(Note: edited to fix spelling as am overseas and a good few local brews deep. Cheers legends)

 

[tonster66]

Appreciate the response mate, cheers.

And agree, I vaguely remember DRC tax being something in the realm of 30%, which is fucken criminal given they’re been on the take the whole way through.

You’d think, or at least hope, that given the extent of corruption and evidence we’d have that any deal would have that tax waived. Or else the 30% to be added to the buyout price.

So…. $12 x 130%

(Note: edited to fix spelling as am overseas and a good few local brews deep. Cheers legends)

the DRC will owe over 100m in fines from ICC and ICSID which need to be taken in to account

 

[ptlas]

Appreciate the response mate, cheers.

And agree, I vaguely remember DRC tax being something in the realm of 30%, which is fucken criminal given they’re been on the take the whole way through.

You’d think, or at least hope, that given the extent of corruption and evidence we’d have that any deal would have that tax waived. Or else the 30% to be added to the buyout price.

So…. $12 x 130%

(Note: edited to fix spelling as am overseas and a good few local brews deep. Cheers legends)

I think that the correct maths is US$12 ÷ 0.7 = $17.42

Hey fuckwit, how is this new news?

everyone except you it seems has known this since mid July, when the Kobold guy handed over about 21 files of application for permits to explore, with a brown paper bag lying on top

The photo was published on X and on TSE weeks ago, and you are just catching up?

The only part of the agreement left to be fulfilled was for the DRC to find an envoy to assist with settling 13359 legals, by 31 July. Oops….they can't find anyone who is acceptable to the US?

Sorry all, I’ve just come out of the ‘secret cave’ to get poor old toolate on the right track - again

A valiant effort my friend. Unfortunately, even you are fighting a losing battle with this wanker.

... and in other news, one of our finest is today's top crapper:

pow4ade

The primary reason Kobold has come to Australia IMO is to tie up RIO in a JV, after getting nowhere for months with their lowball offer to Nigel. Otherwise why travel here without the requisite funding.

Worth noting that RIO executive branch is located in Perth, not London, with new CEO taking over on August 25. Despite terminating the current CEO the chairman subsequently confirmed that the BOD retained their focus on lithium growth.

Kobold know exactly what Nigel wants and time is not on their side so presumably they think a JV can get them over the line. Exciting time with Nigel in the box seat IMO.

Sorry it's a bit disjointed, on my phone only.