I think some are over analysing this, it’s a 50/50 call on my thinking how this will pan out. Are prepayments the master, or is holding out for the upcoming spike in spod prices combined with continuous news of investment in the DRC and Africa in general something to savour for a minute or two before we make rash decisions.
There has never been more mainstream news on the growth of the EV markets, there has never been soo much news on energy storage. Headline news in NZ yesterday was all EV related, same with the news at 6am. Wasn’t all pro EVs but it’s a debate that will catch the eye of many wary investors.
An old but very true statement says that any news, be it good or bad can benefit the sector. Lithium is definitely hitting the headlines now.
Between Forrest and FFX I think is a pretty big deal for the DRC and Africa as a whole.
GLTA.
AVZ Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
