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78.0¢ avz minerals limited

Seems your skin may be thinner than you declare.I'll concentrate...

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longtak

613 Posts.

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01/11/21

21:44

Post #: 57242512
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Originally posted by Freehold: ↑

No actually I think the LTR stock has a good story and in time it will be worth every cent of its current mcap ... the key here is project time/stage vs Mcap. LTR have not even defined a DFS as yet. They are very early on in their genesis. Too early to have a MCap anywhere near $3.6b. LTR flag bearers will tell you its because BHP or RIO "might" be interested or the undrilled Buldania deposit might have some large potential or they are the "last" uncontracted tier 1 lithium resource, ... all these are speculation and guesswork therefore high risk.

The rule of thumb here is the earlier on in the projected development cycle the higher the risk that is associated with the project. AVZ may be in the DRC which has risks but its well down the development path with DFS, Metallurgicals, bulk testing done, environmentals complete, Offtakes, FEED complete, partial funding complete and application for mining license in, a BFS SEZ due before years end. Not to mention studies in progress for Primary Lithium Sulfate plant and Hydroxide plant and Carbon neutrality from nearby Hydro, solar farm and plantation offsets. These major milestones are amongst many more minor milestones achieved thus far for AVZ. We also have a the biggest downstream lithium chemical company CATL partnered to provide knowhow to the AVZ team which they may lack. Not to mention the biggest known hard rock JORC deposit on the planet and the 2nd high grade therein. with Exploration bluesky being massive

LTR has none of these things completed is smaller and deeper resource does have a proven mgmt team for general mining projects but not for battery chemical projects which is extremely specialised and yet has a Mcap of $3.6b or approx 3x our mcap.

The market is the great equaliser in the end... but sometimes the market is imperfect information'wise and it takes time for the re-balance to occur (months and years in some cases) as it takes time for the big end of town to complete their comparative research given the constant changing macro and micro landscape with new announcements and govt policies being released all the time etc etc . While the smaller retailers are generally speaking narrower viewed and unable to do vast amounts of accurate comparative detailed research therefore its unsurprising that that they can't see beyond their own patch for the most part. Information dissemination is key here.

AVZ has a extremely strong story & probably the lithium sectors strongest near term production story around. I express my view on some stocks that I don't hold occasionally. I will point out the facts as I see them and move on once Ive said my piece. I won't harp on day after day week after week continuously like some trolls and stock manipulators are wanton to do. I stick to the facts. When folks on those threads respond or retort my posts I will, and should have the right of reply as this is a discussion forum. Of course the lower brow, shallower thinkers will play the man (name calling and personal insults) instead of responding logically to reasoned discussion arguments but that comes with the territory of social media. Fortunately having been around a long time I have much thicker skin than most posters on HC. I think most of AVZ's longer term holders will be similarly hardened to the BS.

So this is my opinion. Why concentrate on LTR. Quite simple its one of AVZs closest peers but IMHO is well overinflated right now given project stage. Hence the current posting focus.

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Seems your skin may be thinner than you declare.
I'll concentrate on AVZ.

AVZ Price at posting: 39.0¢ Sentiment: Hold Disclosure: Held
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