Yes, I remember them saying that when I was buying AJM at 1.4c (now 18c) and PLS 3.8c (now 54c) and BGS 6c (now 31c)
Some grow and then lose on a retrace but good ones remain good investments and there are very few great hard rock deposits. I doubt any down ramping will make a difference here but welcome to try
The DRC story needs to be sold to China and nowhere else because they basically don't process Spodumene outside China. The Chinese have a big mining community in DRC so the sovereign risk issues are not as relevant as many others.
Yes there are risks but anyone suggesting this is expensive should put up their reasons because all I see with AVZ is cheap in relation to the possible upside.
AVZ Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held