“Based on prevailing reference prices, the offtake formula pricing is expected to deliver a pleasing return to AVZ.”
Nigel's words "Pleasing" I wonder what that translates to
The final signed SEZ due end of this month according to today's operational announcement
the optimised DFS due in June.. the optimise definitive feasibility study DFS financials are going to look spectacular" ...Essentially, a Manono SEZ means the project will have different trade, tax and investment laws compared to the rest of the country.
The purpose of designating an area as a special economic zone is to make it more attractive to local and international investors and unlock more value from the investment than would be available under regular trade laws.
In an operational update today, AVZ told shareholders it has updated its technical, development, environmental and financial documents for the SEZ as per the Congolese government’s request, and the company plans to submit them to the government shortly.... "
