AVZ is definitely attracting the biggest elephants, and that's potentially because we can be the biggest elephant in the room in a number of ways:
Potentially the largest lithium hard rock resource multiple times("Saudi Arabia of Lithium"), and potentially the lowest cost producer whose owners could potentially control lithium pricing and supply; a worthy prize indeed!
Our most eminent chirper's prophecies about bigger elephants coming to the table is becoming a reality;
Last week:
MOU with Tinci:
"AVZ scores MoU with world’s largest lithium-ion battery electrolyte maker"
This week:
"AVZ signs MOU with Beijing National Battery Technology Co., Ltd. (“BNB”) for potential investment and off-take opportunities with the Company. Beijing National Battery Technology Co., Ltd (www.nationalpower.com.cn) is headquartered in Beijing, China, and holds the dominant market position for the supply of batteries to China's bus industry. The company holds more than 300 patents and has 6 high-performance lithium-ion battery production lines in Henan, Zhejiang, Hubei and Jiangxi and other regions with annual production capacity in-excess of 3 billion AH."
AVZ’s Executive Chairman Klaus Eckhof commented:
“We are extremely excited to progress discussions with a company the size and calibre of Beijing National Battery Technology(BNBT). The level of interest we are seeing in the Company following our recent record drill results, confirms once again the Manono Lithium Project as a world-class asset.”
BNBT larger than Gangeng/Optimumnano etc.
Big companies cannot deny the Monster of Manono as the results come to light; Tianci, Beijing National Battery Technology , Huayou, Greatpower. They are now jockeying for position We now have 4 drill rigs on site, soon to be 5, with approximately half of the holes drilled having world record intercepts of high grade, with homogenous spodumene mineralisation! plus high grade tin. Therefore, results will be continuous and there will be pressure on those elephants that have been stomping up and down but yet to make a move. They will have to make a charge soon because it will be too late!; ditto for Mum and Dads, sophs and instos!
Ask yourself this question, with these continual stellar announcements both from the drill bit and from interested companies can anyone afford to not be invested in AVZ right now at what is still a bargain price in my opinion, when in effect the news is just starting to initial JORC Q2, 2018 and beyond! Remember we have only drilled 9 holes of what will be a 40,000 metre drill program, and always remember there is still a realistic possibility we could be taken over in this time as well(Klaus Eckhof, CEO, AVZ-"However if a buyer, such as “one of the bigger Chinese miners” comes knocking, AVZ won’t turn it down.") although mining is also a strong possibility given the MOU's to potential offtake announcements.
Do you really want to miss out on a once in a lifetime opportunity, and I say that because companies with the fundamentals of AVZ are as rare as hen's teeth!
Who will be next to make a move???
CATL?
Chinese lithium major ?
Big oil?(they need to make some acquisitions/investments ASAP. They will be swallowed by the EV revolution!)
A North American/European?
A stampede is on its way all heading to AVZ.
AIMO
Exploration target REGULARLY UPGRADED!.....from 400m-800m to ONE to ONE point TWO BILLION TONNES of 1.25-1.5%Li2O, and now with our largest pegmatite Carriere de L'est(5.5km long) added to the drill program....TWO BILLION TONNES???( "realistic possibility" ,Klaus Eckhof, CEO, AVZ-video)
AVZ under promises and over-delivers in my opinion.
Already 4 world record lithium intercepts:
• 295.05* @ 1.66% Li2O (Roche Dure Pegmatite)-tin to be assayed. *world record intercept
• 282.95m lithium/tin to be assayed (Roche Dure Pegmatite)*world record intercept
• 250.9m* @ 1.48% Li2O, 913ppm Sn (Carriere de L’Est Pegmatite) *world record intercept
• 235.0m* @ 1.66% Li2O, 1001ppm Sn (Roche Dure Pegmatite)*world record intercept
• 202.8m* @ 1.57% Li2O, 1078ppm Sn (Roche Dure Pegmatite)
*A tier one tin resource to pay for lithium mining and processing!
*Economy of scale to offset transport costs.
*AVZ is also lucky to be situated in the mining friendly DRC where there are many successful mining operations including some of the world's biggest miners such as Glencore. Mines are developed much more quickly in the DRC because there is much less red tape than Australia!.This is especially so because there is the Chinese involved who have a very good relationship with the government, and are upgrading the infrastructure quickly! as only the Chinese can do, and for free!. Huayou(mining) who have a stake in AVZ got 5 cobalt/copper projects up and running in 12 months. Is it little wonder therefore that AVZ have officially stated in their mining presentation 29/11/2017 that they "expect a mine to be commissioned and operational by 2019/2020", right in the sweet spot to absorb the rising demand from the electric vehicle/storage revolution!
