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11/03/19
22:59
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Originally posted by eastwest101
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Do you know why we haven't seen any interest from non-chinese investors or downstream processors or even battery manufacturers?
Because it takes 1 millisecond to do due diligence on the location of AVZs Li resource, it's a stranded asset that even if a treatment solution and transportation options were close, it would take one phone call from China to the Minister of Mines to strip ownership of the mining lease off AVZ.
Who's going to invest in that outcome? Would you build your home on land that can be confiscated at the stroke of a pen for a suitcase of money in Kinshasa?
My prediction is that this will be confiscated and then mined in the future by the Chinese leaving a lot of AVZ bag holders.
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So you're saying there are no western mining companies operating in the country?
If stripping western companies of ownership is so rife, could you give examples of where this has happened?