Running Commentary on the SP Movements., page-12947

@qball It's all about your risk appetite. To say that any single share has no risk is outright bullshit. Anything can happen. I.e. delays, management scandal, another monster lithium deposit found in another part of the world (unlikely but possible nonetheless), etc... I still think AVZ is a very safe bet in terms of risk/reward ratio. Our soon to be JORC will be a monster and a no-brainer to invest at this levels if one does not already have AVZ in their portfolio. However given that you are already heavily invested as you mentioned I would suggest to diversify your risk. There are many other lithium/cobalt stocks which you can look into if you believe in the lithium battery revolution. Don't want to cross promo so I am not going to mention any stock names. It's always good to spread your eggs (money) out into different basket (company/resource type/industry/sector) to minimize risk.

I know some here are pretty much just all in on AVZ and I'm not saying that is a wrong strategy. Everyone has a different investment strategy. Diversifying may not always maximize your profits but you can be damn sure you can sleep at night knowing you're not going to go broke even with the worse case scenario.