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27/05/25
20:48
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Originally posted by Swift4:
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How do you put a price on AVZ. Control of the world's lithium. How do you put a price on the Suez Canal, control of the world's shipping. What price to control Saudi Oil. How do you put a price on safety from Rwandan gorillas invading your country. I think we all hope for a high price. I think we pray for for the end of brown paper bags stuffed with money to fat cats. We pray for employment for the DRC locals. AVZ shareholders risked their hard earned to discover the world's best lithium resource. Good luck on the payout.
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When Manono's lithium makes it to market there will be a supply glut for decades, likely suppressing lithia pricing. Some Chinese producers are currently putting mines into planned C&M; the only Aussie producer currently covering costs at these prices is Greenbushes. Lithium prices are depressed, the problem being oversupply. Additional supply will only put further downwards pressure on pricing. This is not 2022.