If you ignore the extra billion shares added on ITMT that chart makes perfect sense for a big run.
So now instead of that move ramping up to a $300 mill MC like the last time, it's got to go up to $1.5 billion MC?
The trick to making good money in spec end is to buy into companies in the 8-80 million range and see them re-rate. Not bag-hold for those that did that with AVZ the first time, or the second. Why buy in now from someone who got in at the right time, only to hold all the execution, dilution and security risk for the next few years until production?
Got to be some better opportunities out there for new punters than this bundle of $600 mill market cap and imminent dilution to fund the capex and more % of the project.
Be very wary of rampers trying to sell you their shares in AVZ IMHO.
AVZ chart, page-10426
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