All in opinion:
100% Agree. As many LT holders would realise, the significance of this resource will be beyond compare on the global scale potentially up to 10x the size of current industry darlings. This equates to a potential 10b+ value which equates to share price easily in the many dollars.... 22.5 cents. Lol. That will end up being the dividend value in a few years. The SP hasn't even begun moving.
Those who sell out for a quick buck now can take their profit but risk re-entering at a higher price and will be kicking themselves in a few years once the true value of AVZ is measured. I hold a few quality Lithium stocks but this in my eyes is a future BHP no doubt about it and I expect AVZ to create some valuable future partnerships.
In opinion, it will become more expensive for big corporate players to potentially TO and attempt to buy AVZs resource in whole once drilling is finished and the JORC is locked in beyond expectations. Let the games begin as I have my popcorn ready. 200m thickness. Boy oh boy. This baby could run for kilometers at that thickness or more!.....AVZ will be a life changer for many and the one that got away for those who couldn't see the writing on the wall.
In the days where tech stocks and cryptos bubble to highs trying to justify the humongous MCs. Property bubbles to ridiculous levels in Australia as debt increases to unmanageable levels, these miners are one of the largest opportunities for significant capital growth in the future no doubt about it as other sectors normalise and fall into LT cyclic trends. The future investment decade is now the time for commodities as they begin a multiyear bull market. Well done those who got in very early and those who accumulated at recent lows.
AVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
