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78.0¢ avz minerals limited

Ann: AVZ Minerals hits 284.47m @ 1.52% Li2O, page-86

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04/06/18

11:02

Post #: 33471328
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Originally posted by Bluegoose ↑

Sharemadder - I am not "Battling" you holders why the stock is down.

On the contrary, I'm trying to give holders a view on why people like me (and others in the market) who have gone large on Lithium stocks either have not bought AVZ or are selling AVZ.

If you were POSCO, VW, BMW, Panasonic or another major Lithium chemical consumer, would you want to tie your off-take agreements to Australian, Canadian and Argentinian producers, or politically unstable African countries??.

These companies are investing tens of billions into EV technology. They aren't going to take a chance on getting product from the Congo unless there is no other choice.

But good luck - this boom is going to be huge so who knows, it may even support a mine or two in Africa. But I am somewhat risk averse so am content watching you guys hold this one.

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They seem to have no problems with the DRC Cobalt now do they? So why would they not want DRC Lithium as well. Your argument is thus invalid.

AVZ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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