KoBold Makes Offer for Congo Lithium as Country Courts US, page-1722

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1977

20/05/25

10:04

Post #: 79110985
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Originally posted by Skar: ↑

-With backing from Silicon Valley heavyweights, KoBold Metals Inc. is investing over $1 billion to acquire AVZ Minerals'
I agree that they will be investing WELL OVER $1 billion if they wish to acquire AVZ.

-a move that could reshape global EV supply chains and challenge China's outsized grip on battery materials.
Its nice the US (and world) are finally interested in doing this.

-Positioned to meet part of that demand, the Manono deposit offers scale but not simplicity. Complex geology and a long history of under-exploration have made the region difficult to assess using traditional techniques.
This is just an outright lie. We have a DFS, a clearly defined globally significant resource using conventional drilling... we hit lithium trying to dig a water well... ... unless they mean regions OTHER THAN PR13359?

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Scar, I tend to agree that 'IF' a final deal is agreed with KoBold, the agreed outcome will be WELL above a bil imo, but lets agree you have to have a starting point in all and any negotiations.
Lets also agree to keep our shirts on at this stage, patience is still (unfortunately) the key to not going crazy.

SY have a nice day all genuine AVZ holders, understandably some are becoming slightly frazzled at this point.

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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KoBold Makes Offer for Congo Lithium as Country Courts US, page-1722

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