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Arnobay

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04/11/21

15:57

Post #: 57320078
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Originally posted by ptlas: ↑

Well I reckon I'm a pretty conservative kind of guy.
My TA posts are probably not too popular, but I think if you check you'll find them blob on. But they are TA and we're about to /are moving past that stage.
Note, I've only ever been bullish just don't subscribe to 100% positive like many.
For me TA will only be really useful for buying to trade the dips. I'm not actually sure I'll bother as there are plenty of other similar stocks in uptrends.
That is a point Hot Investor, or whatever he's called this week, rightly made. In addition to that, we can probably expect 30% daily swings. Easier to sit and do nothing as I said a couple of weeks ago

For me, this is a hold. 2 years minimum, though like everything is subject to ongoing, and constant, review.
I believe $8 is still pretty conservative, I won't give my upper target as I'm sure there's a few with weak tickers.

So why the valuation?
To answer in points and in no particular order. Off the top of my head:

Biggest Lithium on planet
Extremely high grades-battery grades
Consistent grades.
RDL to double + reserves
Lithium price going through roof. Again
Tin
SEZ + tax brakes
Cheap power
Piggy backing on infrastructure
Financed (all but)
All the stuff around the future is LI, EVs
Peer comparison and how there's will drop as ours inevitably rises.

So get your envelope and do some squiggles.

Conservative? You betcha

Only management duplicity can stop this. I'm still in

Expand

I would like to see a market cap just under Albemarle . But it will take another 2 years, and all the ducks lining up exactly.

AVZ Price at posting: 46.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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Running discussion on SP, page-55405

Top Stories

Metalicity looking for offers on Admiral Bay zinc project

Talking Australia's very competitive property landscape: Realty Talks

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Imricor raises $35M to pursue growth and expansion into Australia and NZ

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

AI stocks: What to expect in 2024-25

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

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