African Energy Metals (CUCO.v NDENF) is a lithium jr that controls 2 very promising properties in the Manono region of the Congo.
The properties span 200sq and are on the same trend as AVZ Mineral's Manono project.
AVZ has commanded attention from the market and currently has $2.752B MC. This valuation has spilled over to peers in the area such as Force Commodities (MC ~$78M) & Tantalex (MC ~$40M). Compared to peers CUCO has a tight share structure with a ~$3M MC.
Positive exploration and drilling developments from peers in the area are likely to improve sentiment for CUCO's Manono properties (ie indirect catalysts).
+ CUCO is currently in negotiations to vend in another lithium property in the area
Regarding CUCO properties specifically, there are several upsides:
- Land is de-risked w/ small mining permits
- Not at risk of title discrepancies
- Also prospective for tin, tantalum and rare earth metals.
- Miners have already found mineralization at surface
- & more
Definitely worth checking out https://africanenergymetals.com/cuco-projects/
CUCO @ $0.05, MC 3.241M