I know there are 14 large Chinese companies operate mines in the region including AVZ shareholder, HuaYou which is potential suitor or mining partner, HuaYou current market cap is A$10 billion, Hanrui Cobalt MC A$7b operates in DRC, don’t seem any discount for Chinese valuation. I think non Chinese will apply big discount for sovereign risk.
AVZ Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held