I belive this is purely a hopeful interpretation of whats...

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Roon-Aus

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07/03/24

06:20

Post #: 72784061
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Originally posted by Amovatio: ↑

MMGA will soon not exist, just like Zijin and Cominiere in the DRC. The game is over for this group and their supporters.
IMO what we should focus on, to move forward, is the efforts that the AVZ Management team are applying to rigorously negotiate the finer details of an agreement with the DRC Govt. to move Manono and the North section to full scale production and FID. The ICC and ICSID cases have provided direction to get the DRC Govt. and AVZ to work a solution out to get this project moving.
IMO the new DRC Govt. is starting to learn the financial gains that can be realised for partnering with AVZ and understand the economic and social long-term benefits that can be achieved for the people of the Congo. AVZ is committed to achieving a Green energy program for local communities. The MOU with the DRC to develop Hydro Electricity from the refurbished Mwanga Power station should progress immediately to an Agreement to get this up and running in the next 2 years.I am sure the DRC will be keen to establish further agreements with large international technology and infrastructure investors to build the Road, rail and communications networks with the Ports for the export of products.
We have already seen the completion of workers accommodation huts and the prospects this presents for the growth of employment opportunities within local communities. With AVZ having recently completed exploration activities (at least for now) to confirm the Life of the project for 40 years, it’s time to move this project to the next phase and make the DRC a major Lithium and Tin Producer.

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I belive this is purely a hopeful interpretation of whats possible based on no actual information. Something thats been seen repeatedly from this poster with no results. Gets good thumbs up though. The reality appears to be that AVZs efforts to 'rigorously negotiate the finer details on an agreement to move to FID and production' have been ignored, at least on the surface of it. Wishful thinking IMO

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
13 Upvote

3 Great analysis

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I belive this is purely a hopeful interpretation of whats...

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