AVZ 0.00% 78.0¢ avz minerals limited

Here's the thing: Elon Musk stumps up $US44 billion for a social...

  1. 478 Posts.
    lightbulb Created with Sketch. 113

    Here's the thing:

    Elon Musk stumps up $US44 billion for a social media platform, https://www.aljazeera.com/economy/2022/4/25/twitter-in-talks-with-musk-over-bid-to-buy-social-media-platform but whinges about a global shortfall in Li precursor and crimped supplies of battery grade Li for his Tesla factories.

    He could buy pretty much any Li spodumine, carbonate or hydroxide supplier, including AVZ with his lunch money, and in the process secure supply for decades. Instead, he buys a world of endless opinions, regardless of merit.

    Frankly, AVZ's SP has been discounted for various reasons for far too long, I would not mind if he (or any other western company) lobbed a bid for our shares after the ML and BFS drop. It might start a genuine bidding war, and maybe realise the true worth of AVZ's underground beast.

    Just musing on another red day.

    Cheers
    F
    Last edited by flight996: 26/04/22
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.