AVZ 0.00% 78.0¢ avz minerals limited

Ann: Results of Annual General Meeting, page-130

  1. 5,634 Posts.
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    This is the bottom draw stock of the year.

    Macro lithium / ASX materials stocks will have make a miraculous recovery for this to go near 10c again.

    The lack of viable shipping methods at any kind of economical level combined with a current iversupply suggests this may never be mined.

    New EV batteries may well have less or no lithium by the time DRC can produce it economically.

    Who knows what the future brings but current miners going into c&m is very scary for up and comers.

    AVZ has only a long shot imo. Dissapointed i ever bought in.. should of stocked up on goldies when lithium pie in the sky multibag dreams greed caught me out.
 
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Currently unlisted public company.

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