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78.0¢ avz minerals limited

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hotpapercups

401 Posts.

34

14/06/22

12:14

Post #: 61988377
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Originally posted by BOT: ↑

I've been warning about stocks since early last year and created a thread a couple of months ago to discuss what may be unfolding.

https://hotcopper.com.au/threads/breaking%E2%80%A6.6706459/

The global deleveraging that is now clearly underway will affect all stocks.

With a global contraction in GDP and trade, and deleveraging of debt based monetary systems, how do you all expect people will be able to afford to transition to EVs to justify the operation of AVZ's Manono project?

My view is that through widespread unemployment,. EV demand is about to slow markedly. We will see this in 2023 where EV's become a niche luxury purchase as crude oil prices crater.

All thoughts welcome.

Thanks

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AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
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