Running discussion on SP, page-53824

AVZ +14% great way to close the week.

Lithium and precious metals bullish with strong gains across the board.

On macro themes there’s quite a bit on the horizon.

Some nice snippet finds Jag and Dutch.

Climate conference and DRC business forums both UN and coming up early November.

IMF report released and critical minerals focus for net zero by 2050 plans.

Positive forecasts for Lithium and other metals to say the least.

Markets are forward looking so investors act accordingly.

AVZ looking primed for more at 36c near previous highs, a good sign with macro thematic tailwinds plus company specific fundamental progress.

Fundamentals at a turning point, ready to move from explorer/developer to producer.

Lithium Companies nearing production are few and production is the stage they can reach their full value potential.

Positive catalysts close. Collaboration agreement, Mining Licence, SEZ, FID.

Cornerstone investment and offtakes already.

The resource is a standout. Scale, longevity, the worlds biggest undeveloped hard rock resource at high grade. Premium quality easily mineable open pit. Simple DMS low impurities.

Post mine site logistics poses challenges and this has been known from the outset. Such issues can be sorted and have been by other companies successfully in the region. Development would be strategically significant for the region. Moreso with critical minerals and climate action in focus.

Nice longevity on current resource/reserves. Mine life on 131MT reserves @4.5MTPA is 29 years.

“Just one third of the mineral resources at Roche Dure is converted to Ore

Reserves and extracted over the LoM, largelydue tothe lack of data and costings

for replacing processing equipment and certainty forecasting SC6 prices beyond

the current LoM”.

"LOM capped at just under 30 years due to limitations predicting economic factors beyond this time frame."

The project exploration target estimate is 1billion+ tonne resource. Most upside would come from the 2^nd high potential Carriere Pegmatite which shows scale similarities to the Roche Dure resource.

So plenty of potential upside with expansion scenarios for reserves, resource, hydroxide, LOM.

All up prospects are looking good for AVZ and precious metals sectors. In demand as a means to help the environment and provide economic prosperity through industrial development. Not just for a decade but potentially much longer.

Some interesting points mentioned in FinReview during the week:

bonanza-for-australian-minerals-under-net-zero

“The IMF specifically selected nickel, copper, lithium and cobalt as the top four energy transition metals likely to see surges in prices and production as the world works towards net zero emissions by 2050.”

“The four minerals are used as key components inbatteries and renewable energies that are crucial in the transition from fossilfuels to low emission electricity.”

“According to forecasting contained in the IMF report, copper productionwould need to double under a global push towards net zero by 2050, while nickelproduction would need to increase almost fourfold. Both lithium and cobaltproduction would need to lift about sixfold above current levels.”

“Prices would reach historical peaks for anunprecedented, sustained period under the net zero by 2050 emissions scenario.The prices of cobalt, lithium, and nickel would rise several hundred per centfrom 2020 levels,” the report said.”

“According to forecastingcontained in the IMF report, copper production would need to double under aglobal push towards net zero by 2050, while nickel production would need toincrease almost fourfold. Both lithium and cobalt production would need to liftabout sixfold above current levels.”

It noted that producers werelikely to be price setters, not price takers, given how long it takes to gainapprovals and set up a new mine.

“The supply of metals is quiteconcentrated, implying that a few top producers may stand to benefit,” the IMFsaid.