AVZ will never get a ML. The DRC at highest levels has been offended. And, AVZ Nigel told us the collaboration agreement is coupled with obtaining the license. There will be no collaboration with DRC for AVZ.
maybe US squeezes FT for minerals but the US is unreliable — they sold major deposits to the Chinese.
plus, US companies need insurance to operate in Congo. So far all talk no show.
AVZ is clearly gerting help with media pumps and more than likely to wrestle with Chinese once again
we saw in 2017/2018 with Ninja trying to tease CATL to take AVZ out.
As much as Nigel dreams of the West, it hasn’t happened and we saw the signs clearly AVZ was losing control as pressure built up to go full hog with a LHM plant. (Interview video) AVZ tried to market itself in 2021 to get ML, even then resistance.
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
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