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78.0¢ avz minerals limited

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bobsacramento

1,202 Posts.

40

05/06/18

12:05

Post #: 33499618
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Originally posted by James2003 ↑

I topped up for the first time in 12 months, hate seeing the 3c average go up on my portfolio screen but oh well.

Some thoughts, on everything:

1. The lithium won't sit there untouched forever.
2. The company has money.
3. Transport was never an issue, how old is the mine? They probably moved it out efficiently and economically with horse and cart!
4. Management and the board are some of the fewinvestors not worrying about sp and not selling.
5. The downtrend is obvious, but this is way down into oversold territory now.
6. Huge announcements due in only weeks.
7. Not even close to the orphan stage, still at the beginning of exploration where we see big sp movements.
8. Lithium price climbing, sector looking strong for the next 6-24 months.
9. ML is back, that alone is worth a 50% increase in sp over the next few weeks
10. IMO

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Maybe but most people buy based on misinformation and perception they have about the Congo. The irony is that we don’t care about where the cobalt and lithium comes from, because they don’t want to lose their lifestyles (ie the cell phones, their computers, etc) We are all more than likely to turn a blind eye if it threatens our lifestyle.

AVZ Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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