Ann: Trading Halt, page-153

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08/12/21

12:25

Post #: 58156982
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Originally posted by BlueSkies1711: ↑

timing is interesting after Stock Head article yesterday
‘Very, very profitable’: Nigel Ferguson on AVZ’s plans for lithium world domination
and Nigel has been busy with USA Wallstreet Cantor
we haven't seen what the outcome of that was... unless this TradingHalt is the outcome

about the ML yesterday:
“Would suggest that we will probably have the mining licence before the end of this year"-Nigel Ferguson

Plus the extra 15% from the DRC Govt he wants

Joining the DOTS......
all will be revealed

WoodMac says we need 20 large lithium mines by 2030 to hit Paris targets. Benchmark says something similar. Do you think this is even possible?
“There are 20 more Manonos out there? I don’t think so,” Ferguson says.
“And I don’t think you are going to get enough out of those 20 mines to hit that target.
“For AVZ, I tend to think we will be pushing as hard as we can to expand,
because if there is further [offtake] interest the expandability of the Manono resource is just ridiculous.
“We are talking potentially 10 to 15% of the current market, and if we supersize, we are looking at we are probably looking at 25% of the market.
“I love to be able to be in that position, because I think at the end of the day our pricing is going to benefit from being a bigger mine.
“The 2020 study was $US371/t for SC^ FOB cost, and $2662/t for PLS. Those numbers I’m pretty sure will come down further [with scale].
“I think we could be a real disruptor if we wanted to — if it’s sunny outside let’s get on with it and make some hay.”

Expand

Hmmm is Wallstreet Cantor an institution??
Are they part of OTC??
Remember how someone says that institutions can't buy stocks unless they're ASX200?
What if OTC bypasses that requirements as I speculated last week??

Oh well, we'll find out by Friday

AVZ Price at posting: 64.5¢ Sentiment: Hold Disclosure: Held
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Ann: Trading Halt, page-153

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