AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to increase equity stake in Manono Project to 75%, page-19

  1. 5,622 Posts.
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    Its great to have a bigger stake for sure, Manono and AVZ are amazingly positioned to enjoy lithium surge 2.0! Let us just hope that the lithium prices continue to rise as this is the make or break for this project and funding.. low lithium prices and no builld, a decent lithium price that is rising will ensure an end user makes the effort to secure this project.. and with high lithium prices this project may be feasible despite current transport issues..

    If we see any funding decision this project being green lit should unlock incredible value to holders.. in the meantime i expect a capital raising and given todays markets i am not incredible hopeful for a decent deal here but things do seem to be looking up in terms of junior minors which is counterintuitive to me -- this is good news for here as i expect more compeition now to secure these strategic assets, there is a concerted effort not to let China own all the mines.. lets see how it pans out for AVZ (as i said above this may work out to be a huge blessing in disguise and perhaps an Australian or non-Chinese entity may fund this --- i never thought this 12 months ago).
 
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