AVZ avz minerals limited

AVZ production, page-23

  1. 19,072 Posts.
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    Well, here is what your company said yesterday. Not some foreign company's promotion.

    "Infrastructure Update

    AVZ understands to need to investigate land transport options to ports to establish the most reliable, quickest and most cost-effective means of moving product from Manono to international end user customers.

    To this end an internal study is considering three basic land to port transport routes. These are:
    • Manono to Dar es Salaam Port in Tanzania;
    • Manono to Lobitu Port in Angola; and
    • Manono to Durban Port in South Africa.

    The most cost effective, and reliable means of transporting the concentrate via these routes will consider road, river and rail carriage means. Border crossing plus the ability to back haul mine site consumables will also be considered. AVZ anticipates the freight costs to port may be a significant operational cost and warrants due consideration of options prior to progressing into the feasibility study stage.

    Gaining all weather road access from Lubumbashi to Manono is another component of the transportation infrastructure. This work is being conducted by third parties introduced by Dathomir Mining Resources SARL, one of AVZ’s joint venture partners. A total of US$285 million has been committed (yes, just committed - not allocated or spent) to road infrastructure and commenced rehabilitation of the final section of road from near Mumbolo to Manono which is approximately 256km long. Completion of the rehabilitation is expected in 2020, with the first stage works providing all weather rehabilitation of bridges and unsealed road to Manono by 2019 followed by sealing the road for its entirety."

    Yes, you have been saying its been manipulated since 25 cents.

    Wonder why you haven't been buying?!?

    Its so CHEAP now!!!

    Go in and buy 20 to 30M shares and I am sure this will go back up to 20 plus cents.
 
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