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29/12/20
10:46
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Originally posted by bigal36:
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AVZ is in catch up mode. It should be at least 20 cents based on the fact that its not yet mining but you can keep adding to the move up once milestones have been achieved. 2nd Lithium offtake agreement + 2 to 4 cents 3rd Lithium offtake agreement + 2 to 4 cents 4th Lithium offtake agreement + 2 to 4 cents Tin offtake agreement + 2 to 4 cents Tantalum offtake agreement + 2 to 4 cents Financing deal finalised +2 to 5 cents Mining Licence granted +2 to 5 cents Business case finalised and published +2 to 5 cents Mine built +5 to 10 cents First production sold +10 to 20 cents Production ramped up +20 to 50 cents And then you have: Lithium demand and Lithium prices increasing. Lithium Companies getting taken over by multinationals followed by total irrational exuberance with Lithium stocks. Long term Shareholders start selling out at anything between $1 - $6 Everyone retires happy
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I think serious players are looking at PLS 2.6B MC and 89c sp vs AVZ 329M MC and 14c sp, and saying to themselves, fark AVZ is seriously undervalued, considering AVZs deposits are far superior to PLSs in everyway