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Howard Klein, page-6

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rainbowdaisy

1,641 Posts.

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01/01/21

11:42

Post #: 49893673
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Originally posted by bombersmadd: ↑

"Carolina Belt Trumps the DRC" (Howard Klein, 2020).

If I could translate what he was intending to say here, it would go something like the following "I am on the payroll of PLL, who by the way just bought me a cool jacket for winter, I have spent the past 3 months spruiking a deal between Tesla and PLL for 50ktpa SC6. The 160ktpa deal between AVZ and Ganfeng dwarfs the total planned capacity of my beloved PLL and as such I can not endorse the project fundamentals without getting something in return".

Howard whilst it was great that you aknowledged this mammoth deal (which is likely to be the 1st of many BTW), you missed out on a few key points that make this project globally significant;
- The Grade differential between USA and Africa Li is large. AVZ (along with a few other African based SC6 aspirants) are in a prime position to deliver a higher grade, lower impurity product to the global market #GradeIsKing
- The sheer scale of the Manono desposit. A 93Mt Reserve housed within a 400Mt Resource (which will be upgraded in Q1 2021 IMO following drilling results)
- Carrier De'Leste is a short 5-7km journey down the road which has potential to blow the above figures out of the water
- Significant progress has been made with the DRC government in respect to the SEZ
- Roskill SC6 price assumptions are based solely on SC at 6% and Fe203 at 1%. If AVZ deliver on Met results and produce a premium grade of 6.2% and low impurity product, the pricing received for our product will be a premium when adjustments are made for quality and grade IMO

Many AVZ investors will know the April 2020 DFS was conservative. Ganfeng have signed up for 30% of SC6 on conservative figures, these have the potential to be blown out of the water come a revision in 2021. I have come to realise over the past fortnight that many so called "analysts or experts" speak only from their backpocket. The credibility of a few of these self proclaimed experts is next to zero and that has never been clearer.

Can't wait for a massive Q1 for the Manono Monster. Happy new year to all !

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it’s worth fact checking Howard Klein’s claims.

i have found some doozies that shows him to be the jester he is:

https://hotcopper.com.au/posts/49893582/single

AVZ Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
12 Upvote

0 Great analysis

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