DerGeist

🧵 1⃣ I propose a change to the Corporations Act C of A, that makes it mandatory for ASX companies to include Gov supplied company registrations for entities represented in company announcements to shareholders @ASX @asicmedia @ASIC_Connect @Treasury_AU Currently this is only

$AVZ 2024 🎊Memory Lane Jens Soderlund @emil_jens 2024 “war chest of funds” 👇👇👇

$AVZ what ever happened to Poynton Stavriabou ? x.com/emil_jens/stat…

$AVZ #Manono #CongoHoldUp

@AugustCohen4 @masdragus @USTreasury @USDOJ_Intl They don’t care how big dik the yanks think they are about Congo matters They know with Klaus’ connections, Nigel continued to make deals with Dathomir knowing Kabila is there Project risks were high. Jens, Masdragus aka @_smogdaddy all knew among others the extreme risks $AVZ

I know this is going to shock you and other AVZers but, as a former federal prosecutor who knows all the Africa folks in the division at @USDOJ_Intl, the file on the Kabila ppl could fill several rooms in your standard Aussie single-family home. For the Tshisekedi ppl, probably less than the bottom bin of your fridge and nothing on the family itself. Now, that could all change and the current gov't obviously engages in corruption but it is nothing on the scale, depth, and breadth as the Kabila years and network. And, as I've informed @emil_jens, its through the Kabila file that we also know the depths of bribery of key Chinese firms (particularly Zijin) and State/Treasury will be ready to move on those files when the time comes..... #checkmate

#DRC: I would just add that when the US sanctions you it has direct evidence you have used the US dollar or US financial system or global financial system using US dollars - or all three - to pursue criminal activity. I wonder if @USTreasury will release this evidence to the Congolese public? #RDC #Congo #CriticalMinerals $AVZ

$AVZ #Manono

$AVZ #AVZ #Manono

@stonewallll @LaRsDrank @JohnBro03967377 $AVZ never intended to go to mine on Manono. Klaus motto was: secure, define & sell. The rhetoric since Huayou invested in $AVZ August 2017 was ‘going to mine’ but was just market bait while CATL was courted for a TO prior to it’s JUN 2018 IPO. Klaus dumped Nigel scrummed since

@LaRsDrank @JohnBro03967377 Any companies planning future ops in Africa must study these cases and assess the risks.All these decades old 10%, 20% to the gov deals are long over. Unfortunately $avz found itself at this turnabout in history when looking for an ML and dealt it unprofessionally leading here.

$AVZ ann just confirmed back to begging for more funding. 0 interested parties. If a solid deal, why hire an expensive US middleman right now? Locke/CATH/Kobold all failed. Yet cheerleaders r out there twisting negative into positive+feeding the baggies fresh lies +false hope 😆

@NeilRingdahl @stolen_hours @sparkes_dwayne @ScottNorth64736 Are you totally sure it’s so binary? Klaus Eckhof was $AVZ CEO / Chairman but then the ‘rock licker in chief’ stepped after relying too much on the Ninja concealing disaster with CATL then Klaus dumping on dubious grounds Nigel was never meant to do Klaus’ job in the DRC. $AVZ

Maybe so, but $ivn & others dont have that issue. My dad went to look at Manono in 2005 and there were unsavoury types involved even then. The challenge is ppl think the DRC is the wild west and behave accordingly. But that is a wrong assumption. Really its more CRITICAL to make sure the legal process is followed to the the T, or you will find your rights dont actually exist and you open yourself to losing what you think you have. Having good lawyers is critical as is having oversight over them and personally engaging in the process rather than managing by remote control which was the sense I got of what they were doing.

Saw this article today on the Manono North Deposit and just couldn’t help myself but to make comment. I'll also give my opinion on the deposit as I've had a few people ask for it. Firstly, the deposit was stolen from AVZ shareholders. I hope AVZ holders get what they deserve for this deposit and it's absolutely pathetic by the Australian government to sit idle. Lots of hard earned Aussie dollars were put into exploring and developing the orebody and the government stays silent? This orebody needed to stay under the one company in order for it to achieve its maximum potential. Zijin gained control of what is now known as Manono North which predominantly consists of the The Carriere de l’Este Pegmatite, often referenced as the CDL Pegmatite. I do think it's the inferior part of the orebody. It's lower grade than the Roche Dure Pegmatite (not in Zijin's control and to the south) and from an early stage, it seems its metallurgy wont be as good. Personally I think splitting the deposit up was also a technical mistake. I think it was important from a metallurgy point of view to keep the both the north and south together. The article states that the Manono North mine will produce up to 130,000 tonnes of LCE per year. I’d argue it won’t be anywhere even close to this. 40.4/(0.82*6) = 8.2 tonnes of SC6 per tonne of LCE. 130,000 * 8.2 = 1.06 million tonnes of SC6. 6/(1.58*0.7) = 5.43 tonnes of 1.58% ore needed per tonne of SC6. I’ve used a very generous recovery rate of 70% and you’ll see why it's generous later. 1.06million tonnes * 5.43 = 5.75Mtpa This seems doable but the problem is, I don’t think Manono North is going to produce SC6 looking at historical met work and its grade. I think Manono will join the same club as LTR, PLS, MIN, in terms of recoveries. It’s not Greenbushes. I think it will produce somewhere around SC5.2. 40.4/(0.82*5.2) = 9.47 tonnes of SC5.2 needed per tonne of LCE. It becomes very different when you plug this in. So they are going to need far more than the 850kt of concentrate as stated within the article to produce those 130kt of LCE. At the time Zijin took control of the north section, the resource was entirely inferred. This is understandable given the lack of drillholes and met work that had been undertaken (AVZ were mainly focusing on the south and doing a great job). I could be mistaken, but I haven’t seen anything via satellite (generally signs of drillholes are easily identifiable) that suggest Zijin has done further work to progress the deposit from Inferred to indicated or measured. So there's a decent chance that the proper work hasn't gone into understanding CDL and it's getting rushed. One thing that is important to understand is that size of the deposit just one of the many criteria which should be used to rank a deposit. If the deposit is larger than 90-100Mt, I’d say it gets less and less important. Grade and metallurgy become king. So, Manono North is large, but lets talk about its grade and metallurgy. I dug into historical metallurgy testwork undertaken on the CDL pegmatite and it was average. I can’t find any flotation testwork done on CDL specifically, but the DMS testwork gave 55% recoveries for 5.6mm size and 66% for 3.35mm size. But here's the issue, the head grade used in these tests was 2.37% Li2O. The average grade of the deposit is 1.58% Li2O … What happens if you plug in the average grade of the deposit? So that rules out it being purely a DMS deposit and flotation will be required. Here’s some info from an old post on DMS and flotation from an older post of mine: x.com/sparkes_dwayne… So they’ll need to float it which means higher CAPEX and OPEX. There is some flotation test work done on the pegmatite to the south so I’ll use that as a bit of a guide (It’s a rough guide as metallurgy can change rapidly over 50 meters let alone kms). It came in at 81.5%. Lab work always comes in higher. Every single time. Also it's important to note that this test work was done on a higher grade pegmatite than CDL. One example which is comparable from a testwork and grade point of view is Kathleen Valley. Manono south's testwork for flotation comes in at almost identical to how Kathleen valley’s (whole of ore flotation not DMS + flotation) did. 81.5% vs 81%. Liontown’s recovery is now at ~63% for SC5.2, 18% less than what the test work gave and not for SC6 as their test work suggested. Just an example how lab tests don't equal what actually happens in practice. Summary: So in my opinion, Manono North will be somewhat similar to another Kathleen valley or Wodgina coming online. It's grade is somewhat above average @ 1.58% and I'd say its metallurgy is average. Yes it's large, but above 90-100Mt, this becomes less important. So overall a good deposit, but it's no Greenbushes and i don't believe it will spit out the tonnes as what many are suggesting. In order to get those tonnes you're going to need an extremely large capex and i don't think Zijin will invest that much given the nature as to how they got the deposit and also the jurisdiction (unstable). Those are my thoughts on the Manono North Deposit. Cheers for reading.

$AVZ shareholders should understand management talking to go betweens who then relay to you LEGALLY means you’re relying on a 3rd party. You are being sucked into mis-reliance Fuckwits!!!

PS: “utter bullshit” $AVZ

$AVZ Four years ago, I told the truth: The project was experiencing Jungle Fever in the Congo, Nigel wanted you to stay “… for the ride.” Why me? I understood from the 2018 BNB lies and deception campaign someone had a taste for “utter bullshit” to keep the scrum running 🏉

Important detail missing from strict legal argument, early 2022 $AVZ Int. was negotiating w/ Dathomir lawyers for settlement on Dathomir Dathcom % docs for this proposal existed by MAR ‘22 @asicmedia @ASX NB: Huayou cobalt owned Dathomir since AUG ‘23 x.com/masdragus/stat…

$AVZ #BNBT Without basis $AVZ Langford posts #BNBT will rise to Nr. 4 - ranking by sales GwH Sales rank basis was never the norm but only for CATL IPO according to China’s GGII the statistical source for this tabulation. BNB @ 4% was only a China minor player👇compare to CATL

$AVZ #BNBT Langford addresses CATL IPO “list of critical suppliers”. - doesnt tell us CATL just released on March 12 it’s 2nd IPO prospectus - doesn’t tell us CATL head Robin Zheng, invested in Tantalex Manono in February 2018. AVZ shareholders can’t see $AVZ’s failure emerging

$AVZ #BNBT Langford AVZ’s China Strategic Advisor continues to redirect away from content of @AvzMinerals MOU on State Power as SPIC in@ASX announcement @asicmedia by constructing a forward looking scenario involving BNB as a purported JV partner with BTR.

#BNBT $AVZ @asicmedia @ASX Already by March 12, naturally, @AvzMinerals share market participants clicked on the SPIC link. EU based Greenmetals ID spread the news to the @hotcopper AVZ stock chat forum “…the end game has started…” Little did we know we were being gamed

🧵 #BNBT $AVZ Dear @asicmedia @ASX On this day, @AvzMinerals w/ no Acc ‘tolerated’ its China Strategic Advisor Airguide Michael Langford promotion of his insider perspective on AVZ Manono. While AVZ was still in a trading pause Langford tweets👇 x.com/ML_SuperNinja/…

🧵🧵Langford doesn’t address any of the claims that BNB is a subsidiary of State Power Group w/ eng.SPIC.com.cn both of which were / are fraudulent claims lists #BNBT “player #5” a ref. to his cryptic tweets on industry % in $AVZ #Manono And asks Emil Jens to pump👇

But is it for director misconduct? $AVZ “ This does not include such liabilities that arise from conduct involving a wilful breach of duty by the officers or the improper use by the officers of their position or of information[...]” x.com/emil_jens/stat…

This scum bag misled $AVZ market for Nigel Ferguson’s addiction to under-statement and silence