KoBold Makes Offer for Congo Lithium as Country Courts US, page-1952

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readyaimfire

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25/05/25

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Post #: 79179528
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Originally posted by titan64 ↑

So AVZ has a clear exit stratagey which coincides with those dates .
I would venture a few bidding parties may come to the fore .
Just a paragraph northernminer.
U.S. startup KoboldMetals among the companies that are interested in the DRC's massive Manono lithium deposit . Other possible investors are NewYork City based Orion Resource Partners ,Ivanhoe Mines ,Australian Miner RioTinto , and Saudi Arabia's United Mining .
Now once sold it is sold and they above Companies will fully understand the window of opportunity available.
Anything under 7Billion US is a fire sale and some of they above have very very deep pockets , it would be the equivalent of them buying a casual coffee .
As soon as that first offer comes in expect it to get busy , i do not believe Nigel will forego the Market opportunity.
Now if Kobold's offer is above and beyond then fair enough .
I trust Nigel and the understanding of the position of strength he is now blessed with.
I do not believe you would sell a vintage Ferrari before it goes on the Auction floor unless the man in the carpark gave a very special offer .

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Well it’s clear AVZ want and need to Exit on behalf of all shareholders.

I trust Nigel to get the best deal he can in the rapidly diminishing time left but 7 billion USD is pure fantasy.

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
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KoBold Makes Offer for Congo Lithium as Country Courts US, page-1952

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