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Wombat2

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21/09/18

12:16

Post #: 35752010
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Originally posted by Davy Boy ↑

I still find this round and round discussion around transport mildly amusing. I don't think there is any doubt that transport costs will be higher....how much higher I have no clue, but the premise here from the negative posters is that it will come as some shock to AVZ management that they will be required to get product to market.
Given where it is, is this not one of the very first questions you would ask yourself before drilling?
Does anyone really think they are so foolish to prove up the biggest resource in the world to JORC just to have it sit there?
Its a bizarre concept to me.
Management, just like all here, understand what is required, and I'd be 100% positive that they looked long and hard at transport options from the get go.
This resource IMO will become the base load supply for probably several companies in the future and as I have said before don't rule out India.
The Chinese will have the whip hand with their multi billion $$ spend in Africa in general though and I don't see the DRC government killing the Li industry before it even starts or biting the hand that is feeding them.. DB

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Hi DB
Yes the continued discussion on freight routes and costs is a joke. The closest route is through Tanzania which is under half the distance to Durban. Plenty of options through Tanzania.
I think freight is done and dusted long ago.
The scoping study is whete most effort has been placed in recent months. It can only be days away so patience folks.
Chrs W2

AVZ Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
24 Upvote

1 Great analysis

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