ASX Today, page-397

First 397 Last

Share
Profile

Follow
kevin103

16,845 Posts.

3215

28/02/20

18:27

Post #: 43223251
Share

Originally posted by anatol: ↑

I didn't want to discuss other stocks issues on LTR threads but especially those African lithium stock holders are continuously harassing us here. So I will actually make those arguments on their own threads soon.

Yes I know DRC has got a little bit of ocean front at north the Congo river with bordered with Angola. (Thanks for giving me the opportunity to explain what I mean and the facts in detail).

However DRC mines are still considered as landlock as they have no option to export their mining products from that oceanfront towns. The distance from Katanga to to capital city Kinshasa is over 2,000 kms. It's out of reach. That's being landlocked for mines. All mines (copper, cobalt) at Katanga export their products through other countries at the south (mainly from South African ports).

You can see from AVZ's own map which is considering routes to export that they are not even thinking to use DRC's own routes. All routes to going other countries. That's landlocked. AVZ's best route to the port is at least 2,000 kms.

Also Mali Lithium (MLL) is completely landlocked as you know.

FROM LATEST AVZ PRESENTATION;

DISTANCE TO CAPITAL CITY; (No option to export from there)

3,400km to South African port;

2,300 kms to Angola's port

3,200 kms to Nabia's port

2,000 kms to Tanzania's port (not preferred)

Expand

Were the AVZ faithful talking about flying the spods out by cargo planes?

That way they just have to dodge the RPGs LOL

Last edited by kevin103: 28/02/20

LTR Price at posting: 11.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

DXB

Dimerix begins recruiting young kidney disease patients in Mexico for Phase 3

3 stocks with antimony news on Thursday

GTR

GTI extends uranium mineralisation at Lo Hema through development drilling

CU6

Clarity progresses SECuRE trial with positive safety results

CHN

Chalice jumps on Putin nickel export ban threat – but then there's bad news