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78.0¢ avz minerals limited

AVZ doesn’t need SEZ, just bring the Mining license, page-51

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bombersmadd

4,090 Posts.

7166

29/09/21

23:20

Post #: 56448576
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Originally posted by bombersmadd: ↑

I thought it would be beneficial to highlight that a total of 730 companies had active resource based tenements in the DRC as of 31 December 2020. Of which, a total of 544 were covered by an active mining licence (Permis D'exploitation). Additionally a total of 3074 various tenements are classified under different land use categories within the DRC.

When you look at AVZ Minerals (#156 Dathcom Mining), AVZ hold 3 of the 3074 mining related tenements & are one of 730 mining companies in the DRC.

Everyone of those companies has approval requirements, extension requests, changes to proposals, boundary updates, expansions etc that need to be assessed and approved.

Some people just need to chill out and wait our turn, we make up less than 0.1% of the mining activity in the DRC. We aint the only Company that is awaiting approval, regardless of the $$$ value of the project. The DRC follows due process, like everywhere else !

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*** My 1st paragraph should have read "Of the 3,074 tenements, a total of 554 were covered by an active Mining Licence (Permis D'exploitation".

AVZ Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
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