Time to top up when ignorant or planned unsubstantiated information is spewed on the threads to scare retail sheetless. Top 20 holders are not selling, and anyone with half a brain given the major catalysts ahead which include:
-SEZ tax, duties and royalty benefits
-increased AVZ ownership to project-75% guaranteed-90% mooted by management of the the biggest hard rock lithium deposit globally and the third biggest tin deposit(potentially to become the largest with alluvial/eluvial expansion)
-mining licence
-upgraded DFS
-further tin offtakes
-primary lithium sulphate offtakes
-JV hydroxide plant-Glenore?
-finance
-FID
BTW major lithium companies are not worried about your scares, with huge binding offtakes(bigger than PLS) with lithium majors on favourable terms to AVZ to factor in and meet their future expansion plans.
So are you saying that you know better than GFL/Ganfeng. Chengxin and Yibin Tianyi???
Could it be that AVZ has the largest, purest, high grade lithium hard rock(preferred by battery makers) resource that will be necessary to meet the upcoming lithium demand deficit, including a huge tin deposit with lithium and tin prices going through the roof as supply deficits increase with the upcoming electric vehicle/energy storage revolution???
AVZ-totally undervalued!
AIMO
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