Parting thought for the day.
The story on AVZ is exceptionally strong one of the strongest Ive seen in my time infact. The new energy revolution is not some overnight sensation and will not halt anytime soon. Lithium is key component to that revolution. Lithium will not be replaced in batteries any time soon. New technologies, if feasible, will take 10-20 years to overtake the lithium Ion batteries in terms of testing and production. So the world is screaming out for more supply of Lithium and other key and rare constituents like cobalt less so for Graphite, copper and nickel. China currently is the biggest consumer of lithium and demand there is exponential. I expect North America and Europe to follow closely behind China in terms of quantity of battery materials required. So no let up in massive demand anything soon.
Now AVZ is sitting on the the largest hard rock deposit of lithium (incl tin & tantalum) currently known. This resource is shortly to be proven by JORC drilling starting in a few days. Jorc possibly as soon as April 2018. the AVZ resource is potentially so large that it is likely bigger that all known hard rock lithium deposits that are currently defined today added together. Not only this but the grade of AVZ's lithium is in the upper quartile amongst its peer group only a few have better grade but not the size. World leading resource opportunities like this don't come along everyday on the ASX and a decision to sell out of it at this lowest of low points should not be taken lightly IMHO.
So is it any wonder, given the above, that those that don't have a position or big enough position or that only recently found out about this stock would
do anything or say anything to drive the price of this stock down so they can enter cheaply as possible. No not really a surprise at all IMO. So listen to all the varying opinions by all means and sure do your own extensive research. But don't jump because some uninformed or poster with devious intent says something like the following:-
1. The parliament are bring in new anti mining laws --- They are not
2. The chart of AVZ is a sell ... Its not its a very strong buy actually
3. The roads are chopped up and impassible --- They are not (One guy even put up fake pictures of the Manono road!)
4. That the recent border skirmish with Rwanda 1000 miles way is a thread to project --- it isn't it being going on for many years
5. That civil war will break out soon --- It won't
6. That companies cant operate safely in the DRC --- they can and have been for many years especially the Chinese
7. Etc Etc etc
Tomorrow there will be a new set of scare tactics droned out which will again be all BS. How do I know this? .. Because the same pattern of behavior repeats on every stock with world class potential Ive ever owned. After a while the whole D/ramp thing becomes a bit predictable and boring. When the sentiment swings back up they will miraculously all disappear and magically many will suddenly become born again holders.
Cheers FH
