Not going to lie.......i have a slight twinge of mixed feelings about this announcement .
90% of my feelings is absolutely rapped that we have a JV with one of the most reputable battery manufacturing coy in the world and essentially guarantees that AVZ will go to mine, with SEZ, ML, BFS a mere formality to follow one would think now
Nice to see they replaced Yibin too.........good riddance
The other 10% of my feelings gives me an ache in my stomach with the realisation that AVZ is 100% dominated by chinese entities.
Look i get it, chinese entities have been doing business in Africa for over 30 years with no real dramas that i know of and of course, Africa has belt and road programmes with China too so I shouldnt be surprised right ?
I watched 60 minutes last night about billionaires and high authority figures in China going missing for political purposes, no questions asked, the over riding message i got out of that documentary is no person or entity is too large not to be dictated by China government.......BITCOIN included.
AVZ lithium Roche / Carriere is a complete and utter monster, engulfing pretty much the entire capacity of other lithium participants collectively world wide and would also fit in the lowest cost quartile by a mile with the Tin offset, China government would see AVZ as a big component to controlling the lithium sector going forward , on top of that, considering Aust / Chinese relations is pretty much torched, they would also see that as opportunity to show Australia the bird by taking control of AVZ by stealth and in doing so, putting pressure on inferior lithium coy in Australia as the lithium market matures.
China government are the ultimate manipulators and can dictate to CATL / Shenzen / Ganfeng etc if they so desire.
Nigel has done a wonderful job with attracting such illustrious entities to commit to the long term future of AVZ and in doing so, gone a long way to providing a path way to construction and mine, but i fear his challenges may have only just begun there after.
I hope that my 10% concern doesnt come to fruition in the future ...........period.
To the long term holders of AVZ...........this is a momentous day and your patience is getting rewarded now and will continue to do so in the future.
AVZ going to mine baby !!!
The party is only getting started.
imo
