KoBold Makes Offer for Congo Lithium as Country Courts US, page-21

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cruiser51

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22/03/25

17:09

Post #: 78374151
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Originally posted by tendoji ↑

If AVZ had the mining license, had started successfully commissioning the mine, it could reasonably demand $9B + snacks

AVZ were conscious it only got the decree to award ML subject to certain conditions because it agreed to exclude a Northern zone. (May 4)

AVZ announced on various platforms the value of the collaboration agreement with DRC.

it doesn’t have that either.

AVZ had no solution to go to mine without Chinese engineers doing infrastructure especially roads and bridges. There’s no mine otherwise — therein was the implicit compromise Nigel appeared to recognise and rally against with the collaboration agreement, as mentioned by him in an interview early 2022.

but what’s smothered over here and on the bird and elsewhere, is AVZ are suspected of wanting to exit knowing the challenge — hence why Franck came out with leaks in Feb 2022 before most of us were none the wiser there was a Dathcom JV feud with which AVZ gave itself breathing space to not do disclosure probably by relying on some ministerial support and the ambiguity of FT’s position as strategic to brow beat ASX and ASIC into not issuing a please explain ASX query

the only way AVZ can meet lame shareholder expectations published in their recent announcement is to meet above such goals.

Right now, AVZ appears to have given up pursuing mining with KoBold’s pump in the media.

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Are they?
Maybe read Franck's latest post and you might get a surprise.

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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KoBold Makes Offer for Congo Lithium as Country Courts US, page-21

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