I really feel that Manono's worth is what 8horse has suggested on peer comparison. A huge discount for DRC Sovereign Risk is horse sheet IMO.
You don't ever even think about it when investing in an Australian mine so why would you attribute (at current 93%)a huge discount to DRC. AVZ is a tier 1 brownfield asset with tin and tantalum credits with supporting evidence from (Bassot 1980 Expert Geological Preliminary mineralurgical study and economic approach, exploitation of hardrock pegmatite from Manono) with recent drilling samples and further rock chip samples showcasing what is on and under the ground there.
China is pumping 100's of billions of $$ into Africa, including DRC infrastructure.(Roads,Rail, Ports, Electricity generation etc...) The DRC Government is ready and willing to crush any terrorist organisation and lets not forget the Chinese army at 1 million regular. China have been spending huge $$ on upgrading all their armed services. They are not going to stand by and watch some bunch of terrorist idiots run amok. Anything happens and Chinese will assist in cleaning up any terrorists via $$, weapons or what ever is required.
Lets not forget who AVZ partners are!
IMO Africa and DRC are on a huge rising tide and the fruits will become evident in the next 5-10 years. China silk road initiative is forging ahead which Africa is a huge part of.
This is a $2 to $3 share if ever I have seen one!
Using 8horses comparison (thanks 8horse)
View attachment 908384
And for terminology here is what greenfield v's brownfield is about
View attachment 908396
