AVZ are 1878km from a port and the geopolitical chaos of the DRC makes it highly unattractive imo. The logistics for LKE are good.
The LKE peers are further ahead due to the delays around getting the licences and the bureaucracy involved at the beginning. The progress has been good since then. I think Steve deserves more credit for pegging that land in the first place from right under the noses of the neighbours. Scale alone isn’t everything, but LKE has more than scale.
LKE Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
