STTCOMP AVZ, FA Long
Shares: 889m
Market Cap: 17.78m
Cash: $2.29m (CR coming will add a further $5m with Hartley acting as lead; Total of $7.29m cash)
Lithium acquisition along with Tin and Tantalum project in the DRC for the Manono project.
Potentially one of the world's largest lithium rich LCT pegmatite deposits.
Was mined for tin between 1919 and 1980, with the tailings also potentially holding significant lithium.
The Manono pegmatite extends for a strike length of at least 13km, with a small shallow portion tested historically. Indications are pegmatites of up to 250m thickness in places.
Spodumene historic show potential 1.6%Li2O
250m shares CR by Hartleys at 2c for $5m cash
Klaus Eckoff executive chairman is deeply involved with AVZ and well known for brining other projects in the DRC to fruition.
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