AVZ 0.00% 78.0¢ avz minerals limited

His reasoning???...

  1. 6,901 Posts.
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    His reasoning???

    Hahahahahaha.

    Some people are starting to realise that all the trolling has been in vain and AVZ coming into the lithium market with a big bump in 2024 could have an effect on their investment.

    I don't know when/if DRC starts producing EV and other batteries, but it is the DRC's intention that should happen.
    However 700 kT/a SC6 has been contracted to be sold to several Chinese companies.
    The moment the DRC has the ability to produce batteries, there are several scenarios.

    Increase Manono's output.

    Redirect SC6, (Many of the OT agreements are not long term).

    Increase PLS production, (Looking at the following statement: 'an independently tested planned production flow sheet shows that PLS with greater than 80% lithium content can be produced from Manono', It becomes obvious. Why ship 94% of waste (included in the SC6) and give the buyers something to deal with, or ship 20% of waste?).

    If AVZ can ship 80% lithium content PLS to Lubumbashi and the DRC has the ability to produce batteries substantially cheaper than anywhere in the world and by using HydroPower in the process, guess where car manufacturers would like to source their batteries??

    On top of that, the Manono Lithium and Tin project has the capacity to produce more PLS than the DRC battery plant can handle. Shipping it as PLS is an absolute no-brainer.

    And then we get the trolls drift in, to display their negative non investigated clap trap.
    The closer we get to the updated BFS and FID, the more trolls we see.

    Gosh, it is such a great yard stick that AVZ is on a winner.
 
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