It's good to compare the overall share price values of the other lithium stocks since the sector high in mid-January.
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So roughly speaking, AVZ is sitting with AGY, PLS..perhaps ORE and GXY in terms of its retrace. The sector is bound to pick up as the reality of lithium shortage starts to bite.
We were at 30c+ when people were doubting that rigs were even on site. Today, AVZ is rapidly drilling to JORC standard with multiple 250+ metre intercepts, with a major battery CEO visiting the site and lots of Chinese connections and we retrace to 23c. That's the ASX and things are less stressful if you're a longer term holder trusting your research.
Short fun read on the down turn this quarter.
https://thelithiumspot.com/2018/04/03/buy-the-dips-readers-say/
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