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23/08/17
10:55
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Originally posted by Anush
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Hey everyone!! Im back from cryonic suspension.
Its been a pisser reading the back and forward comments. Seeing @Malamu turn up is a great sign. Last time He turned up on a thread the sp had climbed 10 to 20 x. Cant remember if it was SAS or PLS?
I genuinely think Mal likes stirring the pot. No real Malefecense…just a bit of low level needling.
I like pullbacks. They tend to give breathing space to a hot share price.
My crystal ball and a few chats to people lead Me to the opinion that holes 1 and 7 will be the icing on the cake. Which should help cement the Manono-Kitotolo Deposit as the BIGGEST Spodumene Lithium deposit in the World.
Im hoping Klaus releases the lab results for both Lithium and Tin at the same time. Remembering the weathered pegs still retain high value –“unweathered” tin.
Seriously Kitotolo is approximated at 400mT of Lithium alone. Then We could be looking at the possibility of further drilling results proving up a 800mT to 1.2bT resource.
Buying out a 400mT, Tier 1 resource of Tin, Lithium and Tantulum is easier than buying out a 0.8 to 1.2billion tonne TLT resource. I expect early buy in/ take over activity in the next week or two. Coinciding with the announced drill hole results for 1 and 7.
In My opinion -announcements of record drill hole depths for Lithium and Tin will also Space X rocket boost the AVZ share price through 0.20 to 0.30. If the market really does understand the significance of this resource and its Soveriegn and Economic value to the Chinese….then We should see the share price moving through 0.30 to 0.50.
The Chinese want this. The Chinese Mining Directorate will want this safely bought out. Thereby protecting the Chinese Battery Expansion plans and the Massive Chinese EV and ESS sectors!
Im sure Huayou were stage 2 of the plan to secure Manono-Kitotolo.
Hopefully ML is confronted with a proxy bidding war and Klaus is offered 10, 15, 20% above the current market value of the company/share price.
From afar it appears to be a race between Klaus Drilling the rest of the Manono-Kitotolo Resource and proving up the Massive size or Airguide finding a Golden Dragon Investor.
Very light volume of 23 then 33 million dropping the sp down 2 cents to 0.10 this morning. Then 39 mill shares to 0.098. Easy pickings for shorters, day traders on newbie nervous nellies.
Im holding a large parcel of AVZ and have not sold any. Like AVZ management, Airguide and many other large holders.
Cheers everyone!
Remember: Monster of Manono. Im saying its the SSS-Spodumene Super Source!!
50 meters continuos Spodumene is equal to 100mT by itself!!
400mT at Kitotolo alone.
0.8 to 1.2 bT total resource estimate.
Hole 1 and 7 to come and hopefully Lab Tin results.
AVZ cashed up $15 million dollars.
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Not to undermine your post, but isn't AGY cashed up $30M since take-off agreement last friday - closer to production/commercialization and it's market cap is half of AVZ?