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GoldBarr

28 Posts.

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22/07/19

08:04

Post #: 39623650
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Originally posted by maxava ↑

In my opinion , I think you and a lot of others need to get over “the worst capital raising in history scenario’! As I have mentioned before are you sure Nigel and the board were left with no other option of how to raise the funds in a hurry? Were they let down by a promise that the funds would be there, and at the last minute the deal fell through! Maybe, just maybe that was the case!!
The way I am seeing it, is that all things are starting to come together. Nigel’s recent interview oozed confidence and professionalism. He has certainly stepped up to the plate in his role.
The rest of the world have definitely been running a distant second to China in the race to secure rare earth minerals, but imo they have now and are still currently kicking it up a gear in acquiring them.
I have recently returned from a business trip to Japan, and could not help notice the amount of EV’S on the road and the amount of charging stations scattered around the country. Maybe they (Japan) are looking to step up to plate in their quest to find their own lithium source instead of relying on China!
The EU has also ‘revved’ up in their demand to find their own materials for the ev revolution. All you have to do is read what Simon Moores of Benchmark Minerals is saying about the growing demands shown by VW etc.
And then let’s not forget North America and Canada. North America have come out and said that they are willing and wanting to invest in the DRC. And only yesterday in Canada a specialist mining investment firm (Pallinghurst) issued a letter of intent to invest C$600m in Nemaska lithium.
And also as Deboss posted, McQuarie have turned bullish on lithium, but sorry Deboss I don’t think it’s just the EU waking up, but also the rest of the world.
IMO things are definitely ramping up in the quest to acquire a slice of Manono!
ALL IMO DYOR & remember
“PRESSURE MAKES DIAMONDS”!

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This Maxava poster, is my new favourite. Alway upbeat, a wealth of knowledge and most importantly for me, challenges the whiners, who quite frankly make one want to pour gasoline over ones self and ignite.
If there’s one thing I’ve learnt on this forum is don’t rely on posters for the “DYOR”. I did and I felt burnt by their disappearance, when they’d speak of their steadfastness to AVZ. Anyway, there’s some gem posters, and this entity is one of them, you’ve just got to read between the lines.

AVZ Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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