AVZ (ASX) Running discussion on SP

Originally posted by Scarpa: ↑

Don't play cute.

Whilst there is a dispute about legal ownership MOUs i.) have little influence in translating to binding agreements and ii.) and thus any power/weight or negotiating ability with financiers. Noone will translate an MOU to a binding contract whilst there is a legal dispute over ownership, and lenders will shy away from committing monies to a project development thereof.

Secondly, no financier will provide monies whilst there is a legal dispute over ownership in relation to mine development.

So many wasting their days on here. This will go two ways - either:
1. AVZ has something; or
2. AVZ has something.

By 2, they have a mining lease and ownership in the project and then you can deal with your MOUs and financing. If it is 1, that will be a protracted battle and ultimately nothing will happen on the MOU and finance front. If it is 1, this will also go the way of Simandou - decades to sort out and the real losers are the peoples of the DRC. Two years wasted over Chinese corruption here, end of story.

End of story.

AS I posted a while back this remains my view -

"Where I will agree with you is that AVZ does need to cut a deal of some sorts. I posted as such inPost #:68238020And I also said AVZ needed to better inform the market:Post #:70983126Longer term exploration in the DRC will be impacted as clearly this debacle has shown the DRC has not addressed international perceptions of sovereign risk attached to it, and despite what Felix yabbers about he does not walk the talk. He could actually have issued the ML to AVZ himself.

But going to your posts until you acknowledge the Chinese are corrupt and have sort to change the rules midstream your posts are essentially worthless. Having said that AVZ does need to cut a deal with such players to get the project rolling, but to repeat most explorers with any sense will shy away from doing any business in the DRC.

Finally, the games China is playing around rare earths and seeking to control downstream processing is just not going to be viable long term. Western economies have woken up that there is too much risk if you allow China to dominate markets. What China is seeking to do with AVZ is move into mining, given its lepidolite resources are crap. On lepidolite refer:Post #:71619362

Western governments seem too me to finally getting an understanding of what this graph means and why they are starting to seek locating downstream activities away from China. One of the key things for lithium price stability is reducing China's dominance in the market.

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Go out and get some sunshine and enjoy life and have a VB - it is to short. Spending your days on here dribbling crap through 5 - 10 plus posts a day is not good for the soul. Personally they should shut down the AVZ thread for a month on here to allow yourselves to go out and get some vitamin D, enjoy time with your kids and have a VB.

All IMO

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Scarps,
simply a class act, unlike the owl or the bowel, he doesn't need hearts, or pineapples, or 5c a post, he doesn't even need accolades to educate or inform the AVZ community in general, he just needs a BIG ICE COLD BEER that would be.......VIC BEER!!!!! not just an ordinary beer but a special beer.............
You can get it Posting’
You can get it Roasting'
You can get it Fighting off trolls'
You can get it ridin’
You can get it slidin’
You can get it any old how'
You can feel it comin’ on about 4
A hard-earned thirst needs a big cold beer
And the best cold beer is Vic

VB the best vitamin B in an ice cold can

SY , have a cold'e but most of all have a great day!