AVZ, page-304

All makes perfect sense . AVZ have popped out 200-250m intercepts of 1.25-1.6%....have any other the other so called 'monsters' made such intercepts...? PLS , KDR...? no; did any of the other have reams of historical data?? No...they have had to spend million Swiss cheesing their tenements.

What we are seeing with Manono is, that with the drilling we have had, the historical data is being proved that its accurate; the Chinese aren't going to dick around waiting for AVZ to carry out the entire 10,000m of drilling and wait patiently for the results...you can bet your bottom dollar that theres at least a couple of entities saying , 'we need to take this thing and we need to do it before someone else does'.

Manono has to be a concern for the other lithium giants about to bloom...for one, they are all dwarfs in comparison to Manono ....secondarily , I'm a PLS holder and never thought about it before; but with this beast that's evolving, I've asked myself...'would you be holding PLS when Manono comes on line???' At this stage (without knowing how crazy demand is really going to get), No is the answer.

ML comments that he wouldnt sell until 25-30c range a few weeks ago , suggested to me, that he was laying a TO price bed, placing it in the minds of us punters and interested parties as a potential negotiation price point.

This thing isn't going to be a hardman / PDN where is when from 0 to dollars for the company ...it will be worth equivalent dollars once developed , but not under AVZ...20c up and within 2-3 months is my guess.

Unfortunately its probably going to be a 50% taxman CGT bonanza, as many; even the 1.5-2c entrants wont make it to 12 months.