Yes I invested in FMG at $1.20 sold at $3 thinking good move.
Major lesson learnt.
Posted a few years ago about will not sell AVZ until hits $1 .
That now position now can be completely dismissed due to DRC backing a local EV chain in Africa.
Plus financial backing by MR PEI and CATH that represent Yibin Tianyi and one of the largest battery producers in CATL.
On a FID for a 10 MTPA makes AVZ one of the largest SC6 and Primary Lithium Sulfate producers.
But it is not the size alone that gives AVZ that distinguishing market edge but purity of the spodumene.
WHAT is amazing if 10 mtpa is FID decision produce is 80 % already under existing off takes .
Looking at minimum / conservative $3 per share on commencemt of production now.
Should indeed be a good day regarding share price increase.
Lit Index up
DOW up
Lithium Carbonate prices remain high.
ALL IMO
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