Just a recap of yesterday's result:
The presence of
HIGH GRADE TIN that is independent of the weathering of the pegmatite has been a feature of this deposit(
has been reported several times before!!!), which all bodes well when factoring tin credits in commercial considerations of this deposit.
From yesterday's announcement:
'Significant tin concentrations in weathered pegmatite including 30.15m* @ 1256ppm Sn in MO18DD014.'
Also the monster just continues to confirm itself:
'The geological information being collected from the drill core continues to confirm the grade and continuity of the pegmatite!', Nigel Ferguson, Managing Director of AVZ.
What you have to be happy with is the regular results showing that the company has indeed fixed the bottleneck problem, and that their commitment to JORC in July is on track.
Significant SP catalysts are just around the corner, including the announcement of the new Chairman and restructured board with added skillsets to fast track AVZ to mining!, with a scoping study as another catalyst to aid this process, and of course more results, a maiden JORC in July, and possible investment decisions from big companies and institutions made on these announcements, including possible JV/Offtake and TO. Will goliath battery makers and battery material makers that have MOU's with us including Tinci, BNBT, and Greatpower make their decisions upon more results or will the JORC give the green light??? CATL, the largest lithium ion battery maker in the world have also had negotiations with AVZ, and have humungous contracts(eg, 48 billion contract with VWand a plethora of others), but, like the other companies do not have their long term lithium supply needs locked in. Our competitors are already locked into contracts and so who has potentially the largest homogenous, high grade, close to the surface(easy to mine) lithium resource in the world that can fulfil the long term needs of these goliath companies???
Give me an
A!!!:Give me a
V!!!:Give me a
Z!!!
Exciting time to be holding a AVZ,
and considering the potential value of this deposit and at its current market cap the most undervalued stock on the ASX!
AIMO
AVZ is in a world of its own:
AVZ is in a mining friendly region where many successful large mining companies operate:
There is indeed a great potential future for AVZ:
From ML:
AVZ a new chapter;
Huayou invested at 7c a share, 13 mths later:
1. Metallurgy = tech grade +
2. 6.3% conc. with little effort
3. Drilling confirmation
4. Site visits
5. Worlds longest lithium intercepts
6. Road fully funded & underway
7. JORC imminent & Scoping Study soon
8. New Chairman and restructured BOD to fast track AVZ to mining coming soon.
