Price sensitive at the moment no
BUT
Another boxed ticked to justify a 10 MTPA start up mine rather than 4.5mtpa.
Given Mr Pei and CATL expansion plans with Yibin a 4.5 mtpa will not suffice current off takes in place plus with DRC new mining conditions of providing value adding in the DRC.
SO when is the confirmation ASX announcement going to happen regarding a signing of 10 mtpa.
My view of waiting so the bid for the 15 % from Cominiere at 4.5 mtpa commencement and hopefully get a lower price is flawed .
A 10mtpa will give all shareholders involved a spike in project value.
Improved good will with DRC battery alliance .
Destroy the shorters and improve bank finance.
Just waiting on FT presidential decree involving ÇAMI ?
all imo
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
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