"... for our exploration targeted resource. "
WTF????
PLS has an "exploration targeted resource" in excess of 1 billion. I can't speak for AJM, TAW and others but I guarantee you they have resource upgrades expected in the future.
South America is the Saudi Arabia of Lithium. If Bolivia ever get their act together then they could definitely flood supply. Whats stopping Bolivia is SOVEREIGN RISK. No internationales trust their socialist government.
Is AVZ exposed to sovereign risk? Bolivia's "exploration targeted resource" (what a joke that phrase is) dwarfs AVZ.
As it stands, even IF AVZ finally determine a JORC defined resource, they will probably never get it developed, just like the Iron Ore reserves in Africa. Lets hope that the current drilling doesn't reveal AVZ to be a "pig in a poke".
AVZ is just BS hype. From 2c to 36c based on NOTHING! Don't promote it here.
A very sincere good luck to AVZ holders, because you're gonna need it.
PLS Very Undervalued compared to peers
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Last
$4.19 |
Change
0.010(0.24%) |
Mkt cap ! $12.61B | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.24 | $4.17 | $45.33M | 10.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22127 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 255294 | 8 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$4.21 |
Change
0.010 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $4.20 | $4.24 | $4.17 | 4071195 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| PLS (ASX) Chart |