Is there any ASX listed gold project (or indeed any other commodity project) currently in development that can boast a similar IRR or better?
NO otherwise Esh & he’s mates would be on that thread
Funds from the Placement and SPP will be used to execute the Company’s strategy to fast-track the Manono Lithium and Tin Project towards production (refer to page 10 of the SPP Prospectus). The company expects the funding to assist in achieving its goal of delivering the Definitive Feasibility Study for the Manono Project in 2019.
This Placement together with the oversubscribed SPP will leave AVZ fully funded to final investment decision.
Final investment decision
We look forward to working with Huayou Cobalt Group and Lithium Plus in developing the World-Class Manono Lithium and Tin Project."
IMO NF & Friends not as worried about the DFS as some on here...
0.046c
GLTAH