Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-69029

First 69029 Last

Share
Profile

Follow
keatz

1,135 Posts.

854

22/04/22

13:04

Post #: 60968917
Share

Originally posted by Freehold: ↑

My take is its expediency on the part of the DRC mining dept.

AVZ have submitted a request for Mining License on Roche Dure (RD) which has been drilled out tested and has DFS completed. AVZ have satisfied all requirements to have mining license awarded here.

However to the north east Carriere De Est (CDE) has only had scout drilling and prelim metallurgicals done and none of the detailed DFS work done as yet. Therefore Mining license for CDE is not awarded there as we have not done all the work there ... "YET".

So it appears they may have, for expediency sakes, split the two tenements. AVZ however is still owner of both tenements as shown below. I would expect that the CDE ground will be subject exploration permit still whilst RD is exploitation until such time as CDE drill out and studies complete at which time the applied for mining license on it.

This screen below shot taken today "Actif En Renouvellement" translates as "Active in Renewal"

Expand

Search Dathcom firstly as the RD and CDL pegs aren't held under AVZ. Then click Satellite on the bottom left and youll see what i mean.

AVZ Price at posting: $1.09 Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

Reply

Top Stories

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

VUL

Vulcan appoints investment bank and M&A veteran to board

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

There are more pages in this discussion • 14,429 more messages in this thread...

First 69029 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY