Hodlandwin69
Regular
The bidding war will be with US companies only. CATH/CATL won't have a say as the DRC want minerals for peace (firepower).As I eluded to prior.
CATL will want to be a part of the future of the product spat out from the mine.
I suspect a bidding war is about to explode.
Felix is now rubbing his grubby fat hands together - not only will someone else cover his ICC/ICSID penalties, but he will also receive a nice percentages fat pay check if AVZ hand over the reigns to the new owner. He’ll probably say “hey guys, I knew all along my corrupt dealings would pay off”.
If Australia doesn’t come to the party it will be the dumbest financial decision the country has ever made. Manono will control pricing and supply to the rest of the world whilst the darlings of Oz mining will suffer and diminish.
IF the US does have an offer accepted it will be well north of $9B. Future value of Manono with Lithium & Tin is $70-100B once value is extracted.
$12 or GTFO.