AVZ 0.00% 78.0¢ avz minerals limited

Zijin to explore Manono for lithium, page-7

  1. bmo
    155 Posts.
    lightbulb Created with Sketch. 32
    Yes and no.

    In terms of progress this is very true.
    Tantalex up until now have been sitting on their hands.

    In terms of area rights for exploration
    AVZ = 221 cu
    Tantalex = 1300 cu (460cu + 460cu + 380cu)
    that run along AVZ's western border.
    That is 83% more land rights that Tantalex hold if my math is correct.

    In addition to this, all the mounds of tailings (8 i think) that sit on AVZ's property are owned by Tantalex.

    If the Manono ground is rich in lithium which Zijin Mining is betting on (they invested on the other side of Tantalex) then it's just a matter of time before the tides are turned and Tantalex will be comparable to AVZ. And for a far less the price.
    Last edited by bmo: 27/01/22
 
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