AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-41096

  1. 1,420 Posts.
    lightbulb Created with Sketch. 1234
    Chill. Pick any stock that has 10 bagged. Any. You won't find it going up in a straight line. You'll find months of stagnation. Periods where it drops by over 25%. And loads of people talking about manipulation and bots, biting their fingernails to the bone, sweating over hourly SP movements.

    Step back and look at the big picture.

    AVZ have 2 OTs in the bag. Others are on the way. CR isn't needed soon. They have a high quality product. A low carbon footprint. Low OPEX. The initial Capex isn't small. But the world is awash with money looking for good returns. And we will be coming online right when the EV revolution gets into 2nd gear.

    China is and will continue to be a key player in the lithium battery. Building good relationships with Chinese companies is essential. Yes, some Chinese company have reneged on deals. So have many western companies. That's capitalism. Take Trump's companies for example.

    The risk of an OT partner breaking a contract while lithium is under high demand is small. Most the risk is when supply outstrips demand. That risk exists regardless of the company's ethnic composition. Companies are driven by profit. That's reality.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.