AVZ 0.00% 78.0¢ avz minerals limited

stocks go up and down.. nothing ever goes up straight in a...

  1. 1,061 Posts.
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    stocks go up and down.. nothing ever goes up straight in a parabolic way.... the faster it goes up the quicker it will drop because everyone is heading one way and no one is against it and once some people wanna get out, the door is very small so it will fall faster.. happens with equities, fx and every instruments in the world.

    avz could go to 20c, 30c, 50c, just depends on the buyer vs the seller. people take profit because they are entitled too. Dont fall in love with a stock because that clouds judgement.

    A very nice resource to have but as some say ie scarpa with the infrastructure and so on.. it could be a while. I can certainly tell you the Chinese wont be paying what everyone thinks. They arent as silly as during the iron ore boom when they were over paying for deposits.

    Just imagine, the chinese is providing the road/railway.. the mining needs power, still a long way to port... how much would that cost? a lithium carbonate plant isnt cheap.. 500m + for a decent one.

    it starts to add up.....
 
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