AVZ 0.00% 78.0¢ avz minerals limited

AVZ to Ride 2nd Li Wave

  1. 2,362 Posts.
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    PG said:

    'Yeah but I think that PLS had a JORC resource by this stage and all the hot money was into lithium. All lithium stocks went gangbusters at that time.'


    The nice thing is that after a bit of a lull in the lithium space we are now on a SECOND WAVE re- emphasizing lithium demand for the future-EV announcements left right and centre(Germany electric by 2030, Britain and France by 2040, Norway by 2025)...Tesla building the largest battery storage facility in the world in Australia, a battery factory in Darwin.....release of the affordable Tesla 3, Volvo all electric  by 2019, VW to launch 30 new all electric cars etcetera, etcetera...and of course the main market China-huge lithium need with EV cars, buses, trucks, and storage in a governmental directive to combat the social and economic affects of unliveable cities full of smog....and then  hard rock lithium(AVZ) being more preferable to battery makers than brines.

    Therefore in summary it is possible, and are starting to see, a PLS type response to AVZ, except this time we are dealing with something much, much bigger, with strong historical back up. We also have the added advantage of strong management(Klaus), infrastructure partners and the Chinese with a willingness and a history to invest huge money in the Congo, This will be all aided of of course by our involvement with Airguide, who as we speak have been negotiating with over 30 Chinese fund managers, on their 3 week business trip to China.
    Last edited by Mining8: 03/08/17
 
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