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78.0¢ avz minerals limited

Ann: Manono Project Receives Favourable Technical Opinion, page-149

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kooka1955

156 Posts.

41

13/04/22

17:20

Post #: 60837695
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Originally posted by sf120: ↑

and even with the massive news today, we continue to under perform CXO and LKE which are trading higher on no news.

Why?

Mining in Africa is a shorters paradise as it plays on a lot of investors mind the geo-politcal risk.

That's a fair point and i personally hold three african stocks in this situation.

Except when as educated-investors you know the reality is not as what the market is pricing, then herein lies the greatest opportunity to profit from market inefficiencies

Especially when the company has funding secured, mining license guaranteed now by constitution and are the only party invited to the governments internationally visible board for progress.

The market can discount us as much as they want, but the reality is in 4 weeks - numbers will speak the truth and numbers cannot be refuted

those shorting or selling now will regret their short sightedness

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CXO will be producing before the end of this year, so are well ahead of AVZ in the production line.
They will also be benefiting from the higher Lithium prices over the next few years.

AVZ Price at posting: $1.15 Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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