AVZ 0.00% 78.0¢ avz minerals limited

'Well right at the moment no good news due Looks like a long...

  1. 1,259 Posts.
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    'Well right at the moment no good news due
    Looks like a long wait for DFS'

    I wouldn't be so sure about that. Can think of a few probabilities (if not possibilities) that could hit at any moment from now.

    1. Met Test results - more updates to follow
    2. DFS / in-country related updates
    3. Further equity increase in project? (Cominiere)
    4. Chairman
    5. Project funding (strategic partner/s)?

    With 96 megafactories (totalling 2.03TWh) now in the pipeline and sentiment for Lithium and other battery metals at / near rock bottom, my feeling is that the path of least resistance for AVZ's current SP is probably up - particularly given it's healthy cash balance and current stage of development (as illustrated below).


    The Most Important Graph In Mining.png

    GLTA

    Cheers
    Elpha
 
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