AVZ 0.00% 78.0¢ avz minerals limited

Is all good on resources front including the grade of...

  1. 348 Posts.
    lightbulb Created with Sketch. 113
    Is all good on resources front including the grade of resources.
    IMO, it is still a fairly high risk investment due to its location and sovereign risk's not only in DRC but adjacent countries where goods need to be transported to the port(s)
    As reported, the project itself may be of low carbon footprint but won't be viewed favorably if transport component is included.
    It is still 3 years away from production (if no delay or hiccups) and the company still hunting for majority of funding in order to proceed.
    Still a lot of uncertainty and many bumps on the road before 2024.
    Developing a mine, especially in DRC is not as easy and as rosy as some has painted in this forum.
    It is definitely a "potential" high reward investment proposition, one needs to be aware of the risks, maximum 15 - 20% of my portfolio if I decided to jump in at current price.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.