This was mentioned in another thread last night
" Lithium was the top driver for capital raising by 48 leading Australian-listed mineral explorers in the first three months of this year. They raised about 500 million Australian dollars ($368 million US) for lithium development, more for any other metal and over triple the total for all of 2020, a report by accounting firm BDO says." https://hotcopper.com.au/posts/55543414/single
So the African Development Bank Group ( a group we have been in discussions re finance ?) states AVZ is on the cusp of securing project funding . This actually dwarfs the funding of 48 leading Australian listed mineral explorers . Keep in mind AVZ has the ability to repay this in approx 2 years , after which , all free cash flow .
I'd love to know the combined market cap of those 48 Aus explorers .
A jv with a world class partner & AVZ will become a behemoth .
AVZ Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held