Running discussion on SP, page-30927

First 30927 Last

Share
Profile

Follow
Chillaxed

3,076 Posts.

1913

11/08/20

22:35

Post #: 46467770
Share

Originally posted by Convel ↑

Ok, factor in this-
I am cautious when holding stocks at this stage of development and share dilution where I might have to hold for another 2-4 years.
Ive seen too many stocks go through the cash raises for potentially distracting side projects, overheads or all existing project running costs each year use up the money, on-going cash raises, years drag by and management keep collecting their annual salary.
It Happens all too regularly.

So potentially in two or three years the oversupply will turn to under supply, okay, keep in mind that your statement is speculation at best.
i’m not even going to speculate on the price of lithium and here is why.The price of lithium as a catalyst to get this stock up and running in two or three years is not the ignition this stock is simply missing by itself.
To add to your speculative future prediction, a mine that relies on Global Over-supply of their resource to provide economic feasibility whether the mine is producing or not is quite an unstable business.

Elon Musk has publicly spoken about a fundamental target for their business model and production is connected to having access to cheaper lithium prices as cheap as possible in the coming years.
For EV manufacturers to increase production of vehicles and take market share away from ICE vehicles, one of their targets and hurdles is securing access to cheaper lithium prices.
Cheaper lithium prices is not the only hurdle or target for EV manufactures over the coming years to increase sales of electric cars.

See what can happen, GL.

Expand

I’m thinking you sold FMG at 3.0c because it was at that early development stage and too risky for you....given how much IO there was in the market and how the Chinese wanted lower prices

AVZ Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
38 Upvote

2 Great analysis

Reply

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

TNC

True North increases silver metal at QLD's Vero deposit by 20%

Revolutionary inverter technology leads the clean energy charge

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

There are more pages in this discussion • 52,076 more messages in this thread...

First 30927 Last

Add AVZ (ASX) to my watchlist

Running discussion on SP, page-30927

Top Stories

Bitcoin: Current State of Play & Where to Next | Swyftx

True North increases silver metal at QLD's Vero deposit by 20%

Revolutionary inverter technology leads the clean energy charge

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Emerald & Azure score Digger & Dealer awards

Featured News