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AVZ

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78.0¢ avz minerals limited

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PASBOZ

5,890 Posts.

1869

03/05/22

19:54

Post #: 61181803
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Originally posted by donegaldemon ↑

Its a tough one to call mate ,, in regards to the short positions on AVZ well we dont know enough about them ,, why are they short ? is it stock specific or is it simply a hedge on another position ?? not all these guys would be that well versed on AVZ ,, if this is the ML then they might not even know the significance , therefore they may not cover , but they will have to at some point because im expecting a gradual rerate as theres a lot more news due once ML gets announced , several announcements within a short timeframe !!
And even though the order book looks pretty thin now , i can guarantee you that sellers will come out of the woodwork ,, its always been the way , no matter how good the news theres always day traders , scalpers or swing traders in there that will be selling .But on that note , this is a huge catalyst for AVZ ,, the demand for lithium is not going away any time soon , and once we start to get the BFS , the other studies , the extra 15 % and whatever else my come then im expecting a rerate ,, logically AVZ should pull away from the spec / explorers pack and start to mingle in the near term producers pack , and it just so happens AVZ will be a beast when it comes online .
Hopefully Cantor will be at the ready wih an updated report as well .
Anyway , see how we go tomorrow ,, hopefully world markets play ball for us .
GLTA

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The constant delay in mining licence may have presented the shorters an opportunity but they now face a very real SQUEEZE .
" To Infinatey and Beyond if traders and long term holders do not sell.?"
HOLD your shares and all time high will see whales jumping ever so higher.
ALL IMO

AVZ Price at posting: 99.0¢ Sentiment: Buy Disclosure: Held
44 Upvote

0 Great analysis

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