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AVZ

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78.0¢ avz minerals limited

I would say your questions have been answered outside of current...

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stakx

2,521 Posts.

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21/07/19

15:00

Post #: 39619510
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Originally posted by Obe wan ↑

what’s the remaining LOM on Greenbushes? Have you managed to flush out what their current cost per tonne is ? They have themiselves recommenced an exploration program looking for shallower pegmatites fwiw. Anyway Greenbushes has some time still u der it’s belts. I remember you cracking on with every second word being ‘homogeneous’; processors having issues with WA product (ex Greenbushes).

anyway; Greenbushes will be around for some time, so not really interested in engaging in a debate about that with you. Personally and I reckon I’m not quite alone on this one; I’m not really too fussed at this stage whether Manono goes to mine or not; that’s the longer term subject. The World moves in trends; betamax , vhs, CD, blueray ,steaming etc.. phone world we seen how fast the shift was car battery sized mobiles to the current smarts. I’m back in Europe regularly enough...as most Australians presently about electric cars and they’d actually just laugh at you; head into Europe or into China and you’ll see how fast this thing is snowballing ; tbh most Australians can’t even comprehend how fast the shift is; you have to see it.

So again for me , at present I don’t even think about AVZ taking this thing to mine; I’m more interested in the events prior and leading up to mining; I’m interested in the funding, off take or any events which occur where those preparing for this new movement decide its time to move; or for those whom have done multi billion deals to supply lithium batteries, but....they’ve actually only a fraction of supply available to fulfil those orders / contracts. As with PLS, I got on at around 5c and rode it up to around 85c selling on the way; the biggest movements in SP were in the road to mine.

if you think there’s zero chance of Nigel Ferguson securing funding or anyone approaching AVZ for any sort of deal in the near future, then I suppose dropping out for 6 months or so before the price per tonne starts to turn.

Not or a personal attack, just an opinion; I got reported to the mods the last time I had an opinion towards one of your previous posts. To those whom has sold out and wish to remain on the sidelines waiting for the lithium bull to revive itselve; good luck to you; but I’m of the opinion that Nigel Ferguson based on announcements over the last couple of months and a number of interviews we’ve seen him in ; is very close to funding.

wait for 6 months for the lithium bull to get back on its feet or place your chips on a funding deal which would likely see us back over 10c imo ... should this happen ( and I believe it will) ; them those that stepped out will be buying back and only be able to afford half the shares they walked out with.

GLTAH

I see AVZ as being considerably undervalued;

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I would say your questions have been answered outside of current pricing

AVZ Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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I would say your questions have been answered outside of current...

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