More downramping rubbish this morning.
The mining licence is in NO WAY factored in!
Many big funds will not invest until we have an official mining licence and the mining licence is the trigger to other big catalysts like the CATH(CATL) deal where they will then be given the green light to build the mine, and the trigger for DFI's and other funding.
Also major funds would also realise that this milestone is a green light for the 10 Mtpa output scenario and hydroxide plant scenario which is being analysed by CATH and AVZ and will be built by CATH for AVZ. '
The Expansion Scenario will significantly scale the size of the project and further de-risk the fundamental economics of the Manono Project' giving even more confidence to investors!
“We look forward to updating our shareholders in the near future with respect to award of the Mining Licence and execution of the Collaboration Development Agreement, which are progressing extremely well through Government channels.”
“Once this transaction and the associated agreements are finalised, 100% of our saleable lithium products will be accounted for and a significant portion of the Manono Project will be financed via the equity contributions provided by this transaction." equals green light for funds to invest!
Exciting times for AVZ holders!
AIMO
AVZ chart, page-11909
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