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78.0¢ avz minerals limited

Assays- Drilling Progress-JORC- Timelines, page-142

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StefanF

5,522 Posts.

1391

31/05/18

16:05

Post #: 33409966
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Originally posted by Royal_Viking ↑

Sometimes I am wondering if you want to trade this stock ? Fundementals are there and gets better for every announcement.

So what if JORC is this month or next or following. WHAT MANY FORGET there is 70 years of data backing up our resource and all results so far, only prove them up.

What you need to be thinking, like I am, is with current subdued SP, is how many are in dialogue with AVZ (if any) for a corporate transaction and not just BNBT ?

Reason am asking that, is if I was a huge battery Li player it would be now that I would start engaging or talking AVZ, just think 90 day WAP !!

IF I am correct I don’t think any announcement due soon as these types of negeotatiins takes time and then there is all the finalisation of docs and approvals that go along with that (and I dont want any none binding agreement like GXY where the sole power is now in the hands of POSCO, also good they were Korean and not a Chinese major).

Why Chinese, just think, the day one is announced, what do you think Chinese insto & funds will do (they will start buying into AVZ), as unfortunately many global funds can not purchase our stocks, as we don’t have revenue.

So for every month that now goes by with no announcement (CF), that confirms to me dialogues behind the scenes (maybe also a reason for JNS to try and achieve a better result for all us shareholders (as in WAP)).

Re SP unfortunately I was wrong thinking high 20ies was the bottom. Long term am holding tightly all my 16.5m shares as fundementals are there (have never lost on strong consistent long term fundementals, it just takes time).

The only treat that I see for AVZ is if suddenly demand for Lithium disappears and I can’t see anywhere that treat exist in the next decade.

Am actually now thinking of buying more shares as these levels are seriously ridiculous (and yes, have many guarantees out there with friends and family that are in the red, am I worried No).

Rome wasn’t built over night.

All IMO and my thoughts thinking aloud. GLA.

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I know I'm going to get a lot of hate for this but if I was a huge battery Li player, I wouldn't look to a speccy stock in Congo regardless of how big the resource is. #Truthbomb

(Yes I hold PLS)

AVZ Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
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