need to correct you here.you said Avz has 30% interest in...

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Teringie

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18/03/19

07:25

Post #: 37792240
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Originally posted by spade_of_aces: ↑

Why i believe AVZ has been over discounted due to it being located in the DRC.

Yes there is Sovereign Risk and the transport issues which is a whole seperate topic, but i believe a significant reason why many investors tend to shy away from the DRC is due to unethical mining practices as found in Cobalt Artesianal Mining.

I do not believe AVZ should bare the same discount or worries as we are in lithium and do not have the same Artesianal Mining and supply issues that Cobalt experiences. Lithium is not being mined and refined by Artesianal workings so downstream consumers should not need to worry about unethical sourcing of Lithium.

I see this particular topic (ethical mining) as very likely misconception by Investors that simply overlook AVZ due to it being located in the DRC, therefore causing unjustified discounting.

As for the other 2 issues;
- Sovereign Risk: DRC has a 30% interest in Manono Resource
- Transport & Facilities: Dathomir is to fund infrastructure

I think AVZ need to really make themselves clear to potential downstream consumers and investors that they need not worry about unethical mining.

This is of upmost importance in winning over those that simply categorise DRC for its Unethical Sourcing of raw materials

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need to correct you here.
you said Avz has 30% interest in manono, it actually 60% of the main drilled part and 100% of the surrounding area.

their aim is to increase to 70% interest. Although info on this is a little light.

AVZ Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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need to correct you here.you said Avz has 30% interest in...

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