AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-61217

  1. 1,141 Posts.
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    Great year for AVZ holders, its up over 384% (year to date chart)

    As the Lithium sector boomed, so did AVZ, particularly since August.

    Seems in 2021 AVZ project/potential was too big to ignore for the market.

    Aided by standout fundamentals, strong Lithium tailwinds, and increasing market support from existing and newer holders.

    Mining Licence FID due by end of 2021(this week). AVZ indicative timetable only, but seems close.

    Post Christmas investors positioning into favoured plays for 2022.

    The strong and swift lift from 30c to 70c in recent months surprised some. Found support at 60c, rejected multiple times.(3 month chart)

    For those who believed the fundamentals, no surprise, more a belated validation of the significant potential.

    A very lean period mostly under 10 cents,mid 2018 and through 2020.(5 year chart) The rise and market enthusiasm for AVZ has been a welcome relief and reward for patient holders who went through the lows.

    Further complimentary news and strong new year Lithium market may drive AVZ to ATHs, towards 80c-$1.00 range.

    AVZ now firmly on the map/chart, both discovered and a discovery.

    Discovered at $2.5b+. On the radars of a wider investment audience. Getting set for a significant scale and long life project to go into production. More institutional involvement. Funds raised earlier this month of $75m with a share of funds going towards early works, long lead items plus negotiations for 15% further equity.

    A discovery of 400MT JORC, biggest undeveloped Tier 1 Lithium asset with project upside to 1.5BT Lithium.

    BFS should be a nice improvement on the original DFS numbers with better market conditions and pricing. SP and market cap shows some correlation to how much the market believes a company can execute and how close they are to delivering. Market has increasing confidence.

    ASX Producing peer values, AKE (Orocobre/Galaxy) and PLS trading between $6b - $9b and continue to rise in a buoyant market, much higher than AVZ $2.5b so there is much upside growth to AVZ considering the resource quality, scale and mine life potential.

    AVZ has sustainable development goals both social, regional development and environmental, seeking to be carbon neutral. Increasing global focus on climate action.

    2022 looks set to see a continuation of themes of 2021 for Lithium/EV Battery market. More interest from majors, increasing M&A and overall funding for project development and continuing exploration.

    Rising tide lifts all boats. AVZ Manono project is well placed to ride strongly through 2022 and beyond.

    https://hotcopper.com.au/data/attachments/3930/3930110-b4fa59e1e44e6b8e9b97c40e0357e191.jpg
    https://hotcopper.com.au/data/attachments/3930/3930112-a01cce19ad6c8651d4c254da59f4fc02.jpg
    https://hotcopper.com.au/data/attachments/3930/3930113-0b98e9d35a600ab486a7705b1ce1403c.jpg
    Last edited by Maxi II: 29/12/21
 
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