Just my opinion, it means shit all for what will happen, but I think the general SP estimates are quite conservative. Once all offtakes and financing are complete investors will probably be scrambling to get into AVZ, and as lithium prices increase with improved market sentiment can only see it going beyond it's 2017/18 highs. Given the size of the offtake contracts to be signed and comparing PLL's recent movements and comparing future production of projects, AVZ could go much higher than what people have anticipated imo. Of course they just need to actually get these deals done for the market to be confident in AVZ. All IMO!
AVZ Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held