Breaking news. DRC new law passed taxing miners

  1. 34,354 Posts.
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    You need to worry your DRC cobalt player first, be objective.
  2. 5,985 Posts.
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    Any prospective buyer of a DRC project would now be insane to make an offer now at anything but an extremely cut price.
    But my view is that the taxation lead to a lot of risk on Manano until a BFS has been completed which is years away.

    Fortunately for small shareholders they can get out easily. I'm not sure about large shareholders. Maybe there will be a lot of spin in coming days to keep the share price up while they sell

    The number of thumbs ups for posts spinning this developments as not applying to AVZ tells me how desperate shareholders are.
    Not advice but I'd be careful as everyone has the same idea of getting out with some money back imo
    Last edited by Hokusai: 11/03/18
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