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KoBold Makes Offer for Congo Lithium as Country Courts US, page-1743

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Bugseye

1,594 Posts.

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20/05/25

12:15

Post #: 79114238
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Originally posted by strongman: ↑

Attached is the joint statement from Kobold/AVZ originally released on Linkedin by Kobold
The over US $ 1 B is for the CAPEX not for the purchase of AVZ commercial interest in Manono

That idiot journalist K Warner from Metal Tech News must be Tommy the turds cousin

Just for you Lenny. THE OVER US$ 1 BILLION IS FOR CAPEX

The original Manono DFS was for 4,5 B T and capex around US $650 million . As was reported AVZ were working on revised 10 BT DFS and i think that is where Kobold will likely look at as a starting point hence the over US$ 1 B capex
Do the sums on that and come up with a valuation of the project

PS The " over US$ 1 Billion is for C A P E X ...just in case you didnt get it the first time

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may be need a Cantonese translation so that TOILET understand properly the content...

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
13 Upvote

0 Great analysis

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KoBold Makes Offer for Congo Lithium as Country Courts US, page-1743

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