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78.0¢ avz minerals limited

AVZ and global deleveraging., page-3

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14/06/22

12:16

Post #: 61988452
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That’s what I thought when I had my Nokia phone in 2000
I thought market was totally saturated
But hey growth explosive last 20 years
Evs growth will explode the next 10 years
Next boats planes taxi drones etc
This ain’t stopping

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….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: Buy Disclosure: Held
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0 Great analysis

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