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04/05/22
21:02
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Originally posted by wombat74:
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AVZ hold 75% . CATH will take 24% leaving AVZ with 51% . AVZ has 51% of a potential 1billion tonne high grade lithium deposit + Tin worth many billions of $$$$ as it it stands now . An extra 15% would be nice of course . But even without it AVZ dwarfs almost every other deposit on the planet . Might actually dwarf every other deposit . So what is your point ? To have an extra 15% or not have an extra 15% nice problem to have .AVZ will smash records . Buy the dip . IMO
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You missed the bit where DRC just handed 15% to China - no due process followed, and apparently nothing to be concerned about. Clear demonstration of the ever-present sovereign risk today, even if it was stuffed all the way at the bottom of a significant announcement. The market saw right through this fluff with crystal clear vision, and (rightly) ran for the hills.