AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-9311

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    According to the agreement, the total investment of Huagang Project in DRC is nearly 6.7 billion U.S. dollars, of which the DRC has 3 billion U.S. dollars in infrastructure construction projects and 3.7 billion U.S. dollars in mining construction projects.

    The USD$285m infrastructure deal is just a part of Chinese USD$3b commitment signed back in 2008, remaining balance is around USD$2b to be spent on DRC infrastructure according to my research.
    Therefore, no real costs to AVZ, just Chinese chose where to spend on the infrastructure, AVZ is probably just benefit from its 10% JV partner and also shateholder- Dathomir who has a strong relationship with China Railway Group,imo.
    DYOR.

    https://hotcopper.com.au/posts/29162390/single
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