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AVZ falls despite optimistic scoping study

AVZ Minerals has released a promising scoping study for its Manono lithium project in the Democratic Republic of Congo, and while it is pushing ahead with a full feasibility with the aim of production before the end of 2019 the market has reacted with displeasure.

Haydn Black
Manono

Manono

AVZ shares dropped sharply, bottoming at A7.5c, a blow to a company that has suffered a precipitous drop since the start of the year when it was trading in the mid-30c range.   On the face of it, the...

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