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78.0¢ avz minerals limited

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Winenut

3,115 Posts.

778

24/01/22

10:19

Post #: 59082576
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Originally posted by Aa9989789: ↑

Bzzzzzt wrong.

The uncertainty regarding the mining licence and missed deadlines have had a significant impact on the share price. The President instructing for the project to receive sustained, urgent and substantial attention is far more important to AVZ specifically, than a few percentage point broader market drop. It reinforces the fact that AVZ do have the support of the DRC Government.

There is a huge amount of valuable lithium there. The mining licence is the difference between whether AVZ can mine it or not.

A simple tip for new players:

- AVZ can mine DRC lithium = AVZ worth a lot of $$$
- AVZ cannot get the right to mine DRC lithium = AVZ worth much less $$$

Also, for the record, Sammael posted that video with the relevant time stamp well before many picked up on it in later posts and started assigning credit to these later posts.

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Bzzzzzzt wrong.

If you read the question posed by Dazz properly you would have seen the clear reference to the start of trade Monday morning

The SP has dropped about 7% indicating (as I said) that the broader market factors would come into play

I'm a firm believer in AVZ in the longer term but no amount of talk from anyone (including FT) was going to stop Mr Market at the open this week

AVZ Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
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