AVZ chart, page-8999

First 8999 Last

Share
Profile

Follow
cruiser51

7,312 Posts.

2317

21/10/20

09:06

Post #: 48254813
Share

Originally posted by treewallaby ↑

LIT ETF bullish overnight, up 3.03%

This will help but not overcome the doji in my opinion.

Too much macro political uncertainty in the world means no deals in the next 2-5 weeks in my opinion, and news of a large attack in the north east of DRC could escalate further in coming weeks into what could prove a black swan event

https://www.nytimes.com/2020/10/20/world/africa/congo-jail-attack-prisoners-freed.html

This news above, even though Beni is more than a day away, is likely to mean any off takers and financiers will take a ‘wait and see’ approach to Manono over the next few weeks in my view.

This is now where I’m at and I now don’t think I’ll be re entering until/unless the news on the situation, which has been building for more than a week, reverses significantly.

Was going to re enter in the mid 8s previously but won’t be considering it now due to the risks. Lots of lithium plays that will benefit from the uplift in the sector. Not in lithium atm but in another sector that is doing well.

Best wishes everyone this is probably my last post for a while.

Expand

Thanks for letting us know.
Sticking to a sound investment plan is a great strategy.
No need to keep us posted about your successes in the future.
The DRC is a mineral rich country, but I am afraid that you are better off investing in something like JB Hifi.
Bye.

AVZ Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

Reply

Top Stories

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

HotCopper Highlights: Trigg; Droneshield; Lumos & more

DRO

History repeats for DroneShield investors but carnage so far subdued

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 8999 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

AVZ chart, page-8999

Top Stories

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Syrah jumps +19% as graphite tariff threat spurs optimism down under

HotCopper Highlights: Trigg; Droneshield; Lumos & more

History repeats for DroneShield investors but carnage so far subdued

A new NASDAQ listing for a key player in the global critical minerals space

Featured News