The Drilling has Commenced announcement will be a very significant SP catalyst in my opinion!
It will indicate that the ball is rolling with 5 drill rigs on site to begin a constant stream of results to our initial! JORC Q1/Q2 2018. As you say, this announcement is due any day now with drilling due to commence in mid-January, so the current price after the retrace is an ideal opportunity to get set with the enormous potential of this resource to return multi-bags within the next few months-drill results to JORC/possible takeover/possible JV to mining scenario.
I am sure savvy investors would think likewise, given we are the solid Brownfields exploration company with outstanding fundamentals, largely de-risked, and not a nearology company whose only claim to fame is that we know someone near us that could potentially have the largest hard rock lithium resource in the world by multiple times, with a tier one tin resource to pay for lithium processing and mining, and the owners of AVZ could potentially control lithium pricing and supply; a worthy prize indeed! It's akin to someone claiming fame for themselves buy saying that they are related to someone famous.
Very exciting times ahead, and not too late to board the AVZ train. Many bemoaned not buying at 6, we quickly went to 12.5, and then those regretted not buying at 12.5, we went to 22, ditto for those who wished they bought at 22, but we went to 35. The moral is that AVZ still has a long way to go, as we are still in the exploration stage of mining to define our initial JORC where exponential gains in the SP can be had, so it is never too late to enter! We will be multiples of our current share price in a few months in my opinion. I think the capper at 35c should be very careful! A blue whale will realize the value of 4,000,000 shares with what is about to eventuate!
It will be the 15th of January on Monday, so right on mid-January when drilling is suppose to commence. I cannot guarantee that Monday will be the day of that announcement, suffice to say that often announcements occur at the start of the week.
AIMO
GLTAH
Some outstanding results from AVZ from just the first 7 hole diamond drill cores(AGM Presentation-29/11/2018):
• 250.9m* @ 1.48% Li2O, 913ppm Sn (Carriere de L’Est Pegmatite) *world record intercept
• 235.0m* @ 1.66% Li2O, 1001ppm Sn (Roche Dure Pegmatite) *world record intercept
• 202.8m* @ 1.57% Li2O, 1078ppm Sn (Roche Dure Pegmatite)
- Forums
- ASX - By Stock
- AVZ
- Running Commentary on the SP Movements.
Running Commentary on the SP Movements., page-11491
-
- There are more pages in this discussion • 7,063 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)