AVZ 0.00% 78.0¢ avz minerals limited

https://www.********.au/2018/02/19/why-the-avz-minerals-ltd-share...

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    https://www.********.au/2018/02/19/why-the-avz-minerals-ltd-share-price-rocketed-16-higher/

    Motley Fool. Could they sit on the fence and harder if they tried?

    "The Manono Project undoubtedly appears to have a lot of potential, but until the full extent of the mineral resource underground is known I would suggest investors keep their powder. Global Lithium’s Joe Lowry believes that there’s a strong possibility that the Manono lithium project may never be built. Lowry appears to believe that the project is too far from the coast in a high risk nation. This could potentially make transporting raw materials difficult for the company."

    Right... so the world is going to sit back and let the largest hard rock lithium source just ferment because its too far from the coast. Last I checked it was 2018, the Egyptians built the pyramids in 2560 BC but anyway.

    "So for now, I think investors would be better off considering other lithium miners that are already producing the metal such as Galaxy Resources Limited (ASX: GXY) and Orocobre Limited (ASX: ORE). Both of these producers are currently benefitting from high lithium prices and are likely to deliver significant free cash flow this year. But like AVZ Minerals, let’s not forget that they are still high risk investments themselves."

    Essentially, AVZ is a promising resource, but don't invest in it, instead invest in GXY and ORE, but remember to not invest in them either.

    -.- SMH.
 
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Currently unlisted public company.

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