Some companies announced same presentations multiple times in a month...
AVZ paid for news, is just same as that, try to make more awareness of the massive lithium resource.
AVZ just needs one big company to step in, just one, then all games will change completely.
We don't have to rely on Huayou alone, some other bigger companies AVZ is working on, imo.
The Board of AVZ believes there is a reasonable basis to assume the necessary funding for the Manono Lithium and Tin Project will be obtained for the following reasons.
▪ A mix of debt, equity and off-take financing is the Company’s most likely funding model.
AVZ has an active ongoing dialogue with potential financing and investment partners and continues to receive unsolicited expressions of interest with regard to assisting the Company with its financing needs. These parties include substantial mining funds and companies including global diversified Chinese companies, Chinese off-take parties and Sub Continent interests. AVZ still has live MoU’s with some Chinese entities that remain in discussion with AVZ on the project.
▪ As at 31 March 2019, AVZ had approximately $12.06M cash on its balance sheet. In the Board’s view these are sufficient funds to complete the feasibility study.
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