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Dazzmac66

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11/12/21

15:53

Post #: 58232588
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Originally posted by Maxi II: ↑

Things are taking time...But on the right trajectory.
The focus looks to be do it right rather than do it fast. A marathon not a sprint.
2 Billion Cap = on more radars. A high level of retail support continues, lots of new holders and plenty that have stayed the course of a few years.
Becoming less retail driven with more institutions involved.
Major milestones ahead.
Valuation upside, nearing rare Lithium producer status at significant scale.
“Several Tier 1 North American and Australian institutions” "heavily oversubscribed."
“Long-term institutional investors”
"Mining Licence Award Q4 2021
Final Investment Decision Q4 2021
Commence construction Q1 2022
Commence Production1 Q2 2023"
“The largest and highest grade undeveloped hard rock lithium project globally”
“Exploration target stated up to 1.5Bn tonnes @ up to 1.5%”
High Grade Lithium hits that ranged up to 350m. (19 Oct 2018) Simply outstanding results.
Highly expandable resource to support upscale, 10MT+Hydroxide potential.
DFS mine reserves 132MT would represent just under 10% of the 1.5BT explore target.
Some mining ready signals
“early-works program
Long lead items ($25 million)
Roads, bridges and camp ($10 million)”
“Negotiate final project financing”
“extra 15% equity”
Things are lining up nicely. Patience rewarded.
Onwards and upwards.

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Great post. Thanks Maxi. Does anyone think the SP might drift back while waiting for ML to arrive or is the cat out!! Missed out on top up last week. Thoughts appreciated.

AVZ Price at posting: 59.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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Running discussion on SP, page-59873

Top Stories

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Venture to sniff out high-grade REE targets at Jupiter project, WA

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

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