By this COMPANY Announcement sounded like a DONE DEAL...!!!...imo Didn't mention any DELAYS...!! for 2 years..!!! Personally it is a MISLEADING Announcement...imo I think i covered the delays......CREDIBILITY and JOHNSON COURT MATTER in the DRC...imo..!!,.
"""""""""""""""""""""""""Ministerial Decree to Award Mining Licence"""""""""""""""""
The Company announced on 4 May 2022 that the DRC Minister for Mines signed a Ministerial Decree to award the Mining Licence (PE) for the Manono Project to Dathcom Mining SA (Dathcom), in which AVZ holds a 75% interest via its wholly owned subsidiary AVZ International Pty Ltd (AVZI). Review of Operations AVZ Minerals Limited | 8 The DRC Mining Code requires the Cadastre Minier (CAMI), operating under the supervision of the Minister of Mines, to calculate the surface rights fee and then, following receipt of payment, to officially award the Mining Licence to Dathcom. The Mining Licence to be issued for the Manono Project, covers the entirety of the Roche Dure JORC Mineral Resource (401 million tonnes at Li2O 1.65%) and the Carriere de l’Este exploration targe
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held
