* Li sector is over 50% down from its highs. That would pull back AVZ to at least 18c.
* Explorers hit harder than producers. Further pull back.
* AVZ hype likely higher than most lithium stocks in Jan. Extra pull back.
* DRC elections and taxation uncertainty. Extra pull back.
* No question that the deposit is superlative but as mentioned, its diminishing returns on results now.
* Transportation has always been the primary issue here and AVZ need to convince the market that there is a viable economic transportation solution with real numbers. Hopefully soon. A lot rests upon these studies.
AVZ Price at posting:
9.4¢ Sentiment: Buy Disclosure: Held
