It's hard not to watch the share price, but what we are doing as investors is valuing a company so we can value a share. Every serious poster on these threads who reasons their way through the various factors which go into valuing the company comes up with the same conclusion: the company is worth much more than the current Mcap. Those who express gloom about the share price usually focus on one point alone, giving a single line sneer that they seem to think is as good as analysis.
I have not seen a single negative poster run through the many factors that go into valuing a company and come up with a valuation below the current price. Not one. Every quality poster who looks at the likely future supply, the demand, the macro economic situation, the battery industry, the resource characteristics, the competitors, the sovereign risk, the mine development issues etc comes up with a very positive outlook.
Maybe they're all wrong. Or maybe those fraidy cats who are selling will have a lifetime of regret about the time they held AVZ and what coulda been if only they'd held on like the smart people did.
AVZ Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
