AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-62346

  1. 1,141 Posts.
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    Another strong day across the market.

    Great sentiment at moment for AVZ. Currently riding high, a choice pick for investors.

    Epic resource and chart aligned with hot Lithium(+Tin) EV metals market.

    Its true the market gives second chances. I hope that holders have a chance to redeem from past disappointments. Its been a challenge for holders the past few years. Well done to the company for getting us to this point.

    As of now we have strong Investor+trader interest, incoming for the world’s biggest undeveloped Lithium HR resource.

    AVZ has been known as a liquid stock. Now Billion+ Cap unicorn status. Big volumes and money flow.

    In advancing mode, uptrending, multi month run, strong 6 months.

    On 1 year chart with Donchian Channel and RSI. Hugging the upper range, riding the crest of the wave above the median(orange line) currently 79.5cents. RSI 6 month range 50-70. Bullish strength indicators.
    https://hotcopper.com.au/data/attachments/3974/3974093-ea948cbeacf9a8223ba407142d0e0fb3.jpg

    Closing in on the dollar. No idea on next price target except looks primed for much more.

    FA News on licencing, FID, funding, BFS, that the market is awaiting remains close/on the horizon.

    A Tier 1 full package resource, globally the biggest of its kind in Lithium with its immense size, conveniently from surface, homogenous/consistent, low impurity, premium grade.

    Amazing Lithium drill hits up to 350m. There has been mention by Company in AGM presentation the 400MT JORC resource of Roche Dure potential plans to grow bigger in 2022 with maiden resources for Carriere and Tin. Output expansion and hydroxide are also under consideration.

    Don’t forget the ESG social, environment aspects. AVZ sustainable development plan incorporates all 17 of the sustainable development goals.(December Investor presentation page 7).

    Market education is one of the best ways to be equipped for success in the market. The Learning, improving process is lifelong IMO.

    Following hot tips blindly can make money, but also lose it. Doing your own DD, research is important, so we are accountable and own our own decisions and outcomes.

    When to diversify or concentrate in stock selection, risk/money management, capital preservation, market psychology, are some of the concepts for investors to assess.

    Some take the asymmetric bets on their preferred stocks and pays off big time. Well done for having the conviction.

    Hope you achieved your investing goals in 2021. A good year for many in the sector.

    2022 and beyond should provide further opportunities to achieve or repeat past successes.

    Some Investment wisdoms

    “It was never my thinking that made big money for me. It was my sitting…Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after this that a stock operator can make big money.“ Jesse Livermore

    “The players who score the most runs are home run hitters, not those with consistent batting records. “It’s the same with trading. Consistency is something to strive for, but it’s not always optimal. Trading is a waiting game. You sit and wait and make a lot of money all at once. The profits tend to come in bunches. The secret is to go sideways between the home runs, not lose too much between them.” Michael Covel

    "Diversification is a necessity for the beginner. On the other hand, the really great fortunes were made by concentration” “The greatest safety lies in putting all your eggs in one basket and watching the basket” Gerald Loeb

    "Diversification is protection against ignorance. It makes little sense if you know what you are doing." Warren Buffett

    “In the short-run, the stock market is a voting machine. In the long-run, it is a weighing machine." Ben Graham


    Last edited by Maxi II: 12/01/22
 
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