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78.0¢ avz minerals limited

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wombat74

4,500 Posts.

1558

19/07/21

15:46

Post #: 54606749
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Originally posted by cruiser51 ↑

The upstream lithium mining game is a poker game.

At this very moment, he with the $$$ has a stronger hand than he with the lithium.
However as the lithium market becomes tighter, cracks will occur in that equation.

The big question is, does AVZ have enough strength and long enough legs to get through this period.
Manono will be mined.
AVZ fights for AVZ and the DRC fights for the DRC.

The DRC wants to get this mined by a group, which gives the DRC the biggest benefits without becoming handcuffed to that group.

The biggest benefits for the DRC is only achieved short term by digging big holes and flogging the resource to the biggest bidder. It is called rape and pillage. One only have to look at Western Australia how that looks like.

The biggest benefit for the DRC, short and long term, is to mine and process its resources locally.
Create work for its population and not finish up with a moon landscape with huge big holes and the money in Swiss bank accounts for a few.

All IMO.

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I can see AVZ getting this across the line (ticking the boxes ) after which I can see it being mined by somebody else . So get as many shares as you can afford , because once this train leaves the station it's going to get a new driver and new passengers . IMO

AVZ Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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