Running Commentary on the SP Movements., page-9848

BGS holder talked down AVZ???

Yes, AVZ only owns 60% of Manono project, still 60% of Manono project is still about 20 times of BGS’ lithium!!! BTW, also owns 100% adjacent larger Manono Extension project.

Re capex, you’re wrong, AVZ Manono project does need to spend USD$285m on road infrastructure which has already been committed by Chinese (NO cost to AVZ); furthermore, USD$45m for hydroelectric station will be also funded by Chinese! (Again, no cost to AVZ).

The capex to AVZ for Manono project is likely to be much lower than those projects in Aussie, also AVZ is only required to contribute 60% Capex!!!

Please do some research before posting misleading info.

All imo & DYOR.