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cruiser51

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04/05/20

19:02

Post #: 44427988
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Originally posted by Super yacht ↑

It's presently my view that money is now being directed out of LTR and also PLS due to the uncertainties about the future viability of these two companies going forward and subsequently those funds are likely to be redeployed into AVZ which I feel may have already begun today. In PLS's case due to the low quality of their deposit and LTRs deposit may not be commercially viable to mine, it's really just too deep, likely to be 300mtrs or more before you hit anything worth mining and even then it's questionable imv.

Don't be too surprised if you see LTR drift below 10c over the coming days, not too sure just how low it will go but I think AVZ will benefit as a result. Presently as some have suggested here the AVZ SP possibly will take a little while to really kick up, as some holders may sell some of their heads to finance the conversion of their opp's, however now the bank account is full and pending off takes are imv probably in the process of being penned, AVZ is really beginning to shape up as possibly the biggest disruptive player in the lith sector to be seen, fingers crossed but our timing unlike others that went way to early with inferior deposits aren't looking too good at all imv.

jstmythts

enjoy your evening all

SY

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Don't worry about LTR's pit.
The SuperPit is a bit over 600 metre deep.

The positives for LTR:
1. They don't have to dig that deep.
2. They can ask the SuperPit Guys how to dig deep pits.
All the knowhow is locally available in WA.

See, it's not all just the pits.

At 4oo metre and still digging, while thinking about those AVZ guys, just scoping it up, must drive one insane.

AVZ Price at posting: 6.2¢ Sentiment: Buy Disclosure: Held
19 Upvote

0 Great analysis

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Running discussion on SP, page-28397

Top Stories

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Utah authorities sign off on Anson's lithium extraction plans at Green River

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Vulcan appoints investment bank and M&A veteran to board

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