Running discussion on SP, page-50611

With the right support at country and regional level, the Manono
project is the type of project capable of supporting an integrated
end-to-end value addition facility and can justify the development of
a battery manufacturing facility within its vicinity. As it stands, the
DRC is poised to have 10 -15% of the potential value embedded in
this deposit.

Can also be read as
After 10% or 15% to a Joint Venture Mining partner in return for 20% project finance which includes construction of train 1 lithium sulphate plant.
Leaving the As it stands ??DRC is poisedto have 10-15% of the potential value embedded in the Manono Deposit.
Latest fly through video appeared to show construction of lithium sulphate plant not at a latter stage ... some clarifcation required by management.

positive by African Development Bank research

The Manono deposit in the DRC is the largest known deposit
discovered to date. With a definite feasibility study (DFS) in place,
delineating over 400 million metric tonnes at 1.65% Li2O, the project
economics look very promising. The developer, AVZ Minerals, is
poised for a mega investment of more than half a billion U.S. dollars
in CAPEX to realize a production capacity of 4.5 million metric
tonnes a year, pre-tax NPV10 of $2,348 million and post-tax NPV10
of $1,028 million, and an average annual EBITDA of $380 million over
the life of the mine. The operation is expected to beneficiate the
ore to spodumene concentrate before shipment to China for further
processing and has a mine life in excess of 20 years, producing 700,000
tonnes per annum of high grade SC6 lithium and 45,375 tonnes per
annum of primary lithium sulphate. It will also have the potential
to produce over 300,000 tonnes per annum of LCE contained

ALL IMO