Running discussion on SP, page-66601

Not worried at all!

Huge companies have very successful tier one mines such as copper and cobalt operating in the DRC including mining goliaths Glencore(multinational) and Ivanhoe(Canadian) and BHP(Australian multinational-largest mining company globally) is looking to acquire a copper mine in the DRC,

'BHP Group is reportedly in early talks with Ivanhoe Mines to acquire part of the Western Foreland exploration area in the Democratic Republic of the Congo (DRC). The exploration territory neighbours Ivanhoe's Kamoa-Kakula Mining licence, which commenced production earlier this year.'

The new DRC government is very pro-mining and has included AVZ as part of the AVZ battery council with Bosch and the Saudis also a member. The government therefore is very supportive of AVZ being central to a new battery making hub in the DRC


For the record I would not be shocked for the mining licence dropping this week or next with the DRC president back in the DRC after treatment for a herniated disc and Nigel Ferguson, Managing Director of AVZ being in the DRC expediting the licence which in his last announcement said, I quote, is "HIGHLY CONFIDENT" of obtaining, and the restriction on licences being lifted.









Nigel Ferguson, Managing Director of AVZ in latest announcement:

“We are in regular, close consultation with the DRC Government authorities that are undertaking the Mining Licence assessment and remain HIGHLY CONFIDENT of delivering a favourable outcome for all stakeholders.”-PRESS HERE


Sohh...not a time to be on the sidelines as the mining licence will re-rate the share price strongly and release a whole lot of other equally strong re-rating catalysts. Therefore shorters are at high risk of being well and truly burnt in my opinion.

Short Term Strong Re-rating Catalysts:

-mining licence-trigger other catalysts including further funding where instos will pull the trigger on the awarding of the ML.

-HEPP

-BFS- which should be stellar with massive increases in lithium and tin prices, increased resource size(wedge drilling), decreased payback period and a massive increase in NPV/IRR with plans for a 10 Mtpa plant( 2 times greater than PLS's two plants combined-AVZ MC=3.1 Bn; PLS MC=8.3 Bn, and roughly the same shares on issue so AVZ is greatly undervalued especially when you look at the size of our resource(the largest) and capacity to expand.(1.5 Bn tonne exploration target which the MD has said can be achieved easily-think in future 40 Mtpa ) Value added with primary lithium sulphate(less transport cost) and plans for lithium hydroxide and a battery plant making transport costs redundant in the future!






-SEZ-special economic zone giving tax, duty and royalty benefits greatly increasing the economic bottom line in the BFS

-Lithium hydroxide feasibility study-JV?

-other partnerships? e.g. Bosch and Saudis are both together with AVZ on the DRC battery council...And who else with the desperate need to secure lithium supply with spiralling demand because of supply chain disruption, lack of investment in lithium mining and development when lithium prices were down, and the need to fill massive lithium contracts for auto makers(re-tooled to electric) and gigafactories pressured by mandates to phase out internal combustion engines and mandated emission targets.

-further funding e.g.




-further offtakes

-FID

AVZ with the largest lithium deposit globally well placed to meet future demand:








Exciting Times for AVZ holders!

AIMO