Blatant capping by one of the large interested players. After important announcements, first by VW, then by China, one of the only Li miners/explorers SP not rising significantly this week was AVZ? After stunning drill 001 announcement, and now holding half the planet's known Lithium reserves!
Doesn't matter if drill 007 contains nothing but mica and horseshit, the EV battery race is on and AVZ has at least $100bn+ of recoverable Lithium Carbonate.
I think 8 major players wanted the CR that Huayou claimed, and they have not gone away.
Huge players such as CATL, China Moly will be desperate for the #monsterofmanono.
Don't worry about the disappointing SP at the moment, it matters not. AVZ will be sold, probably to a Chinese major and they will have to pay well for it, or the Koreans, Japanese or Germans will step in.
OD
AVZ Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held