Originally posted by YourDudliness
I'm a little mystified here.
I've seen it mentioned a number of times on this board that a 90% jurisdictional discount be applied to our project based on jurisdiction/isolation (at least I think that's the basis).
Wondering why such a massive discounting? Is there any empirically objective data that supports this hypothesis with source references/citations?
Thanks in advance to anyone that can assist on point. Maybe one for the guru threads...see how we go here first.
Simply, the 90% discount makes no sense to me given that DRC is home to a number of mega international mining corporations...so do we apply a 90% discount to their SP's as well?
Would the big Multinationals use cobalt from the Conga if they could get it elsewhere with less risk and not upsetting their PR department at the same time ? I think they would and that is the problem for AVZ. Unless there is no other alternative than the Congo , the project , regardless how could it is , will struggle, and we see that now. AIMO.