Running discussion on SP, page-37775

The trademark 20% pop. AVZ special, gotta love it.

ASX Lithium Producers going for $1.4b - $3.3b.

AVZ is making clear moves to join the producers league with FID and construction timelined for the next 3-6months. So plenty of deals/newsflow expected.

AVZ Manono is not resource constrained. Little exploration risk, because management know where the remaining resources are just not fully drilled out yet. Carriere another 500MT potentially. Holders and the market knows this too. The world biggest hard rock Lithium resource a company maker, JORC at 400MT with x2-3 upside to 1BT+. Economies of scale, we see how important size and scale is. Massive Tier 1 deposits can produce for decades profitable and stably.

AVZ comparative example in scale is Greenbushes producing for 35+ years, with 20 years mine life currently estimated, and extensions being evaluated. Greenbushes remaining JORC is about 200MT half of Manono but higher grading and 143MT Ore reserve compared to AVZ 93MT.

Important source of future world Lithium supply. Ganfeng, world’s biggest company by size, in Lithium already onboard with offtake. Special economic Zone, SEZ being negotiated. EBA. Huge tin resource a bonus. Tin offtake deal sounds very close.

With an impending Lithium Boom ratcheting up after a slow 2-3 years, the strategic value of such a massive quality deposit should not be underestimated. This was predicted by holders in 2017, just ahead of their time. If you’re here now, then count yourself lucky, great timing. The train is leaving the station and picking up steam.

400MT @ 75% share is 16% of Global Hard rock resources as per ASX published reports.
Upside to double triple to a 1BT+ resource is staggering.

Well done for those who encouraged others to keep holding. A long list of you. Holders have come and gone in recent years, but still a large portion still here from the early days of discovery in 2017. No doubt enjoying the run. Also there's a great long term benefit to thelocals economy for this project, something very positive to be a part of.

Market FOMO to end the week with further deals very close on the road to production. One senses from the trading action since the Ganfeng deal AVZ definitely on more radars. More news sounding very close. 2021 could be a hot year for AVZ. Heat not seen since the days of 2017(37cents ATH). Much closer to production now. 120% gain in past month compares well to peers. Just warming up.