AVZ 0.00% 78.0¢ avz minerals limited

AVZ can learn from FQM story

  1. 205 Posts.
    Thanks Fredsi, I've been weathering this kind of stuff all year and what I learnt is, ditzy or half baked socio-political analysis won't help you settle your risk appetite level, you just have to. keep trawling because there are other sides to the complaints from SOME Western miners.

    skimming through your cut and paste:

    Not always high return you say, but AVZ has been just that a high return, and also with high risk like any mineral explorer.

    DRC is perceived by western eyes as higher risk but maybe not for Chinese, do Chinese have similar stories to that British company complaining at the UK parliament back 6 years ago?

    In fact yes, MMCS were upset about losing their license at Manono in favour of AVZ, so much so they published bullshit in the media here. It got them no where because end of day, they didn't do what was contracted, they just did some artisanal mining and acted as a go-between and their lease was up--no fruits to show--ta ta. AVZ are doing the job asked of them.

    So whats the other side to the FMQ story? Because what you've posted was written by a legal team, masters of their craft at persuasion, but whats the other side of the argument? Maybe FMQ are not clean in some respect? There's always another side--what what feels miss is customary/kinship law, basically genuine rapport building--I can se they claim they were angels but really? A Canadian gold miner this year fell out with locals in North DRC because they didn't have the right policy of engagement. Mineralised pointed out that.

    As for corruption, well we saw recently how the international bully though Nikki Haley at the UN treats democratic values, is that not corrupt? DRC elements lobby Washington, obviously they feel the influence. What I mean is countries like DRC cant simply stop and turn on an egalitarian democracy, they face long term macro-micro governance issues. Congo region has been particularly mangled, starting with the Belgians, it goes on....Another example is Bangladesh, mangled by Pakistan and kept hobbled by India. But China has other ideas for both. We have the LNP climate denying and following Haley, unlike the British not denying and not voting with US/Haley, does sorting stink in Australia. Perhaps the Chinese sense risk is high here too, maybe higher the way the papers are ranting about Chinese influence.


    The AVZ management I understand have excellent rapport with DRC gov based on reputation, thats why they landed the opportunity, over others, including South Africans. They trust Klaus, Nigel and Patrick to execute the re-commercialisation of M-K tenements.
  2. 449 Posts.
    lightbulb Created with Sketch. 264
    Holy crap FQM got owned!
    I certainly hope something like this doesn't happen to AVZ.
    Ah well, high risk high reward I guess

    I feel that the strong Sino-Conglese relationship shouldn't lead to a situation like FQM, just my own opinion of course. It would be such a traitorous action and wouldn't sit well with the Chinese, especially if it is indeed the "Saudi Arabia of Lithium"; and of course assuming Chinese suitors take over eventually (although the Ann of today in regards to the North American promotion of AVZ by JNS is certainly making things interesting, i.e. I like the East vs West scenario; [also assuming AVZ won't be part of the mining stage, that would be absolutely incredible for the shareholders if they were!])

    I am personally very optimistic about AVZ.
    There is so much happening around Manono with the most important being power and electricity being provided (Forrest Group).

    The Luambo-Mitwaba going to be rehabilitated by ACGT (Agence Congolais des Grands Travaux) given by CREC 7 from that USD285mil funding.
    drc1.jpg drc2.jpg
    infrastructure.png luamboroad1.jpg luamboroad3.jpg luamboroad4.jpg

    There are also road projects north-east (a highway Manono-Ankoro http://www.acgt.cd/cmssurmesure/pdf/183.pdf)

    Towards Manono's north at Nyunzu and Niemba (river there with bridge being constructed - by ACGT)
    niemba.jpg niemba3.jpg niemba2.jpg

    And North-west of Manono in the direction towards Kalembie, a city that has an airport (in which the run ways will be widened in the future - Forrest Group) and a shipping port leading to Lake Tanganyika, right next to Tanzania.
    portkalemie.jpg

    Kalemieairport.jpg
    kalemieport.jpg



    Also:
    China's naval hospital ship heads to Africa


    Full article: http://eng.chinamil.com.cn/view/2017-07/27/content_7692937_2.htm

    Actually this Dan Gertler just popped up on the news not too long ago, crazy story:
    https://www.thetimes.co.uk/article/...upt-israeli-billionaire-dan-gertler-mxzwcjsz0

    GLTAH!
    Last edited by giantpaperclips: 23/12/17
 
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