Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Thats where i believe the savings will be, the offerings that...

First 56428 Last

Share
Profile

Follow
Daripper

2,619 Posts.

676

12/11/21

10:53

Post #: 57522258
Share

Originally posted by Acgm: ↑

Good numbers. I agree, average cost of labour compared to say US or Europe or Aus would be less but battery manufacturing labour would be a skilled labour force not an unskilled force and cost differential might narrow a fair bit. Keen to see the details behind the “2 - 3 times cheaper” statements. Maybe DRC are prepared to throw out more tax/royalty exemptions or reductions to attract further development but they’d want to be careful to not shortchange their economic future going too far with that approach (or short change their opportunity for economic independence).

Expand

Thats where i believe the savings will be, the offerings that the DRC Govt put on the table, encouraging investors (major) into companies etc, shoring up the intended transition into 1st world practise and economic development of the country as a whole.

Last edited by Daripper: 12/11/21

AVZ Price at posting: 54.0¢ Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 25,733 more messages in this thread...

First 56428 Last

Add AVZ (ASX) to my watchlist