AVZ 0.00% 78.0¢ avz minerals limited

Risks to be Discussed, page-246

  1. 5,927 Posts.
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    A few posters said the same thing here;
    "the Belgians able to mine Manono for decades and ship product to port with inferior infrastructure, know how and without the help of modern technological advances?"

    The Belgians!

    At that time the Africans in DRC didn't have the AK-47s, Toyota Hilux mounted heavy machine guns and rocket launchers. The Belgians easily exploited their resources at those times. They now have powerful, hard to control and corrupt governments as well.

    The Belgians was also mining tin at that time. It was easy to carry the cassiterite ore to the ports in small quantities. The tin is the element which opened the Bronze Age 5000 years ago. It was one of the most important of elements in 5000 years after copper and before iron.

    The tin is still very important. Its world reserves are very small. There is no substitute for it in the electronics industry. If you can mine it in Manono and bring it to the world industry area you would be rich.

    Lithium is also very important atm, especially a high grade spodumene based hard rock resource.

    But the transportation is very important issue before anything especially from that location.

    I m not bringing other issues in front of transport issue because it looks like it's not possible to solve the transport issue before anything. So the investment for that project is not possible IMO.

    As @FiendishRedbeard said "A key risk with big projects is actually management. That’s the primary risk for me is that Manono is too large and complex for the AVZ management team and will eventually be developed by others".

    Who are the others?
    Eventually but when?

    Why would I wait for it. We are racing against time in stock market, and of course in this world with our lives.

 
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