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0.00% 78.0¢ avz minerals limited

New Royalty Hikes in Congo, page-12

  1. 8horse
    34,336 Posts.
    lightbulb Created with Sketch. 9075
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    02/02/18
    10:57
    Post #: 30763573
    Currently super profit is only applicable to Cobalt, not lithium & Tin.
    At end of the day, new tax will be reasonable as DRC do need extra taxes to improve their country.

    AVZ’s largest holder(10.5%, 16.5% after option conversion), HuaYou Cobalt is directly affected by DRC new mineral codes, but their share price has been up since DRC passed new code.
    Last edited by 8horse: 02/02/18
    AVZ Price at posting: 30.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 24  Upvote
    lightbulb Created with Sketch.  Great analysis
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