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RHyNO1980

511 Posts.

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17/01/22

14:55

Post #: 58920116
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Originally posted by Mining8: ↑

I have no doubt the mining licence will drop soon which will put a rocket under the share price let alone trigger further strong re-rating catalysts!

Anyone sitting out at the moment or selling is gambling, and will rue the day when the mining licence hits and bang we are charging over the dollar!

Major Short Term Rerating Catalysts to Hit this Quarter:

-mining licence-***a big trigger to other major funding and further catalysts

-collaboration agreement and HEPP

-extra funds recently obtained means that the extra 15% equity in Manono from the government can be negotiated from a position of financial strength

-SEZ-tax, royalty and duty benefits including VAT exemption and tax holiday increasing the economic bottom line and decreasing an already amazingly short payback period

-BFS-expecting major increase in already stellar NPV/IRR, plus shortened payback period with massively increased lithium prices than when original DFS was done, increased resource from wedge drilling, tax benefits from SEZ, the huge increase in output to a 10 Mtpa plant (2 times greater than PLS 2 plants combined!who have a MC OF 7 .1 Bn)+ 4 primary lithium sulphate trainswhich would have transport costs reduced by 50%-60%!, also with a battery plant planned for the DRC( 3 times cheaper than the US and Europe)transport will be redundant!

-more funding(now 90% funded)so in a position of financial strength to negotiate more funding from African DFI's to add to our $400 million from CATH(CATL-the largest lithium ion battery maker in the world needing AVZ's lithium to meet their multibillion dollar contracts)...alsoexpecting 2.1 billion overall according to the DRC Industrial Minister Julien Paluku, I quote:

-feasibility study for hydroxide plant...(hint the extra billion funding mentioned above)

-further offtakes to add to our already huge binding offtakes secured with big hitters to supply CATL, the world's largest lithium-ion battery maker

Very Exciting Times for AVZ Holders!

AIMO

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Also confident of ML and rerate soon. love your insight mining8! this is just a brief post Xmas sale. grab a bargain folks!!

AVZ Price at posting: 86.8¢ Sentiment: Buy Disclosure: Held
12 Upvote

0 Great analysis

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Running discussion on SP, page-62753

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

US FDA awards Clarity Pharma's novel prostate cancer PET scan imaging compound fast track status

First Lithium hits high-grade mineralisation in all holes of diamond program in Mali

Strickland Metals jumps on mammoth gold-copper-silver hit over 300m width at Serbian Rogozna Project

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

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