Agree completely. I hope AVZ management do the right thing by us shareholders and find a right JV partner to bring this to production. Knowing Klauss, he prefers to acquire assets, prove the resource and sell it off.
I honestly think going down the production route will be far more rewarding in 10-2o years time. Some people just want quick money. AVZ is like a baby goose that will grow up to lay golden eggs in the future. Some people would prefer if well sell the goose now for money but why would you?
It's not easy to find a golden goose to begin with.
Look at FMG. Listed on the market back in 1999 at $0.01. Look where it is now after that many share splits and dividend pay out over the years. $4.63!!
I'm just wishing AVZ can replicate FMG's success in 15-20 years time.
One of the lowest cost lithium producers in the planet. (*Dreaming)
AVZ Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held