What i cant understand is that if the MC of AVZ is ballpark $170m, why wouldnt a huge 'oiler' just launch a T/O for the company. Even if they had to pay 4 or 5 times for it, im sure they can afford it. Then they have at least 2 options when they control the worlds major new lithium resource..... mothball it (and therefore control the market to a degree) until youve sold all the oil you have and then start to put it to use, or just use it now and also become a major player in the supplying new energy alongside oil. They spend $000m's on exploration for new oil sources anyhow. Is probably why im not a CEO....
AVZ Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held