Read the news about republic of Congo stripping off the license of SDL and other 2 company’s Iron ore mine. Who is SDL? The mine of SDL has been stalled for long and the shareholder has accepted it is like bankrupted. BUT, they are going to sue the ROC and get 9 BILLION USD. Well, that is a huge jump, a multi hundred bags jump.
Why suddenly China trying its best to get Iron ore outside of Australia? Because they have bad relationship with Australia and need to get option b for their high demand. Lithium is going to have same situation and AVZ will be the only hard rock lithium outside of Australia. Exciting time ahead.
Some thought about the SDL news
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