What a moronic reply - yes this is a Lithium stock and to realize value from the resources in the ground you have to explore for it, prove it up, dig it up, refine it to a concentrate or final product and do all of that in one of the most dangerous corrupt and highest sovereign risk juristictions in the world. Its a process called mining, and last time I looked Glencore was also a mining company, and AVZ is trying to suggest that it will be a mining company one day. If a giant like Glencore is having economic, logistical and jurisdictional problems with its operations in the DRC, then it would stand to reason that a lot of these problems are also totally applicable to any other mining operations in the DRC - including AVZ.
Do you think the Lithium jumps out of the ground and is magically transported to its final destination? No - money needs to be invested and the transportation/logistical chain needs to be built.
So - what the jurisdictional risk story, and a long long history of African resources and political history is telling us, is that the DRC government, and or other corrupt actors will most likely confiscate/appropriate the largest and highest grade Lithium deposit in the world, the only question unknown is whether it will be confiscated/appropriated soon, or whether they'll let AVZ and/or other naive investors build it, and once producing,
then it will be confiscated/appropriated, most likely by the Chinese in conjunction with the convenient corrupt local DRC politician at the time. How did AVZ end up with the mining lease ? Oh - thats right - it was appropriated by the government of the DRC......
(20min delay)