Hi 8horse....long time holder of this stock...last time when you...

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Sam2017

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11/06/19

21:31

Post #: 39008895
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Originally posted by 8horse: ↑

China really need large un-contracted lithium deposit.
Recent news re China found a new lithium deposit but is not peg and low grade at average of 0.30% Li2O.
China largest hard rock lithium deposit 28Mt @1.42% at an altitude of 4,300m - 4,500m, but was shut down due to environmental issue, just is re-opening, running at 0.4mtpa, the company owns the deposit, is valued at A$1.1b

Another Chinese listed company is acquiring a Chinese company own 75% of a lithium deposit with resource of 6.5Mt @1.29% for AUD$191m. It's a crazy price, valued at around AUD$3,000/ton for lithium resource.

Tianqi paid USD$4.1b for 23.77% of SQM.
ALB paid at around $1,040/ton for MIN's.
WES paid at around $546/ton for KDR.

Toyota is partnering with CATL for lithium batteries, five years ahead of their original EV plan.
CATL currently annual lithium batteries capacity is around 41GWh, is expected to reach around 100GWh in two years, if German factory is to reach 100GWh, then in three years time, CATL alone, annual capacity would be around 200GWh, that's 180,000t lithium to source.

It's a revolution.

ALL imo.

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Hi 8horse....long time holder of this stock...last time when you were a holder of this stock your price target was 50c...it pumped till 36c and went down....now you comeback just before the pump started your price target was 12-16c ..it pumped till 9.6c...this time you clearly advertised of it going above 10c and and then making statement such as ".5 increase afyer 10c" is a conformation you are working for pnd team....i would suggest mum and dad investors to beaware of people like 8horse...

AVZ Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

4 Great analysis

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