AVZ 0.00% 78.0¢ avz minerals limited

AVZ Peer Transparency, page-92

  1. 34,336 Posts.
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    No one can always get right, even Warren Buffett.

    As long as the posts are factual and discussions are in a civil way, always are welcome.

    To invest in AVZ at current level is a good or bad decision, only time will tell, probably just check in a few month time.

    Currently lithium sector sentiment is very bad, similar to iron ore back in late 2015, "iron ore price will go to sub USD$30/dmt, never see USD$100". Now we see, "lithium spodumene price will go USD$500 or lower, never see USD$1,000" etc.
    However, iron ore price did hit USD$38/dmt for a very short period, then bounced back to USD$50-60/dmt, but it hit USD$120/dmt this year where big four producers cash costs are around USD$20/dmt. It's crazy.

    While broad sentiment is very bad, probably is a good sign to buy, imo.
 
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