AVZ avz minerals limited

KoBold Makes Offer for Congo Lithium as Country Courts US, page-1948

  1. 848 Posts.
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    So AVZ has a clear exit stratagey which coincides with those dates .
    I would venture a few bidding parties may come to the fore .
    Just a paragraph northernminer.
    U.S. startup KoboldMetals among the companies that are interested in the DRC's massive Manono lithium deposit . Other possible investors are NewYork City based Orion Resource Partners ,Ivanhoe Mines ,Australian Miner RioTinto , and Saudi Arabia's United Mining .
    Now once sold it is sold and they above Companies will fully understand the window of opportunity available.
    Anything under 7Billion US is a fire sale and some of they above have very very deep pockets , it would be the equivalent of them buying a casual coffee .
    As soon as that first offer comes in expect it to get busy , i do not believe Nigel will forego the Market opportunity.
    Now if Kobold's offer is above and beyond then fair enough .
    I trust Nigel and the understanding of the position of strength he is now blessed with.
    I do not believe you would sell a vintage Ferrari before it goes on the Auction floor unless the man in the carpark gave a very special offer .



 
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