KoBold Makes Offer for Congo Lithium as Country Courts US, page-2190

Didn't the DFS have a post-tax NPV of US$1 billion @ 400mt with 100% interest..?

Last update was Roche Dure at 668mt, a 67% increase. So lets be kind and aouble to NPV to US$2billion. What's AVZ holding? 60% or 75%? It's not 100%...

Why would anyone pay overs let alone the actual post-tax NPV considering all the risks? Companys never trade at the NPV of their pre-development assets.

The DFS was done pre-covid. Costs have sky rocketed and spot prices have tanked.

I think shareholders need to set some more realistic expectations. I'd just be happy for a return at all...