What do you bet that potentially more stellar results come to hand to correspond with BNB and its Chairman's visit to Manono next week!
*visuals
*intercepts
*assays
*metallurgical analysis
and significantly it may be the world records of world records going on Mistie's expert analysis:
"I am anticipating that a world record mineralised assay intersection of +294m @ 1.5%+ Li2O is returned as only 0.12m of the intersected spodumene bearing pegmatite was not in fresh rock."
go
HERE(click on blue)
I am also sure that another catalyst for BNB's urgent actions was the recent green light for
the Chinese to build the 240-MW Busanga hydroelectric project in the DRC, not to mention the Chinese spending approximately 300 million on the upgrading and building of road infrastructure. BNB would also be impressed that Huayou(mining), who has a stake in us, were able to get 5 copper/cobalt projects up and running in 12 months in the DRC!
I believe results will be sooner(pre-visit) than later to give BNB time to formulate an answer. It was also interesting that AVZ mentions in the latest announcement that:
"AVZ also advises that discussions with other memoranda of understanding parties, Guangzhou Tinci Materials Technology Co. and Shanghai GreatPower Industry Co. remain ongoing."
Therefore, pending results and how this will affect BNB's investment decisions it will be interesting what moves Tinci and GreatPower will take, let alone the biggest elephant in the room CATL??? We may see relevant players will no longer be able to wait, but will be forced to make a move before it is too late: ditto for Mum & Dads, sophs and instos. We saw the writing on the wall last week when REMX, a US based ETF fund took a big position(
TEN MILLION DOLLARS!) obviously anticipating what is coming.
If BNB like what they see I would expect
very soon the potential realisation of
today's annnouncement.
"AVZ Minerals Limited (ASX: AVZ) (“AVZ” or “Company”) is pleased to advise that it is actively progressing the Memorandum of Understanding (“MOU") with Beijing National Battery Technology Co., Ltd (“BNB”) for investment and off-take opportunities."
Bottom Line
The time leading up to next week
(result announcements?) and after the visit of BNB and its Chairman, AVZ management, Airguide to Manono
(investment announcements?) has the potential to be an historical and very exciting for AVZ and its shareholders
with many potential catalysts to advance this company and put a rocket under the SP!
Therefore, with potentially what is coming it is still
not too late to take a position in AVZ. It has the enormous potential to be the lowest cost lithium producer(biggest/lowest cost) and therefore its owners could potentially be able to control lithium pricing and supply, let alone service their long term lithium demands. When you throw in credits from AVZ's tier one tin asset, which on its own is a great resource, and tantalum AVZ
is still at a bargain basement price!
It would appear that ML's easter eggs will be unwrapped on time!great
AIMO
