I have somewhere in the neighborhood of AUD200K of investment...

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theghostwithin

1,415 Posts.

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22/06/23

15:42

Post #: 68421471
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Originally posted by Cobberoonski: ↑

Nice to chat my (non)holding friend.

No doubt gonna miss a few, but knock yourself out with a few of these recent headlines…

- DRC President Fatshi welcomed in China by President Xi May 2023 promising to renegotiate unfair mining contracts worth billions (leaves with $1million aid cheque & no mention of renegotiated contracts worth billions to the DRC)
- DRC signs EV co-operation agreement with US & Zambia in March 2023
- French President Macron visits DRC in March 2023 promising aid & looking to trade but demanding action on DRC corruption
- US Secretary of State Blinken in talks with DRC President Fatshi May 2023 after the pair signed a Memorandum of Understanding that the US would support the DRC EV chain (December 2022)
- EU announce initial €50 million investment in DRC mining & infrastructure March 2023
-DRC President Fatshi & Minister of Mines Kalambayi fronts mining expo in South Africa February 2023 courting investors
- Minister of Mines Kalambayi announces Australian visit in September 2023 to court investors (good luck there)
- Various other 2022/23 overseas DRC presidential (& Minister of Mines) visits promoting trade with & mining investment in the DRC

…just off the top of my head

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I have somewhere in the neighborhood of AUD200K of investment ready to go into other DRC rare earths or battery metals projects (AVZ continued or other) - once AVZ has their mining license with full interests secured - that includes the portion Jin Cheng are laying allegedly illegal claim over.

If this fails, I am probably one of many ready to look at other nearby jurisdictions to promote growth.

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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