AVZ 0.00% 78.0¢ avz minerals limited

DRC-AFRICA Business Forum 2021 24/25 November, page-54

  1. 3,005 Posts.
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    big day tomorrow

    https://acpcongo.com/index.php/2021/11/03/a-meeting-called-drc-africa-business-forum-2021-scheduled-from-november-24th-to-25th-in-kinshasa/

    "Responding to a question, the Minister in charge of Industry said that this event has a double feature, namely to carry out a study conducted by the firm Bloomberg Nef on the initiative of technical partners who have highlighted the potential of DRC and African countries in battery minerals, which can promote natural resource-based industrialization, including the production of battery precursors, cell assembly and electric vehicles.

    The other particularity, he continued, is that of directly offering the possibility of mobilizing 2.1 billion US dollars, including 1.1 billion US dollars by Avz international, a company that will exploit Manono’s lithium ( in Tanganyika, as part of a collaboration agreement with DRC and USD 1 billion by financial institutions."

    Nigel also said shareholders should watch out for the event here,

    Looking at the opportunty then - we continue to be at 2.14b vs PLS 7.3b

    We have 4x times the measured resource of PLS and twice the Global with a much higher grade are alot more exploration upside.

    On completion of these regulatory announcements along with the financing, where will AVZ be in valuation? Significant upside for the risk here and why i continue to sell down PLS, ORE to invest here. DYOR

    https://hotcopper.com.au/data/attachments/3822/3822343-3e383507a8a632fa8c79e14d52f36ca6.jpg

 
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