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05/05/22
00:10
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Originally posted by Freehold:
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Well a few weeks back I suggested beware of the low post trolls ..cause they are are coming But you know the thing is you need ask yourself why are there here clustering and crowding around AVZ especially right now ... heres the rub ... most are here cause it is such a desireable story and most will want a piece of the action at a discount if they can force it lower. And why not 1. The largest know lithium deposit by a large margin 2. 2nd highest grade hardrock 3. At Surface and very low contaminates/homogenous 4. Has a large workforce and water supply on its doorstep 5. Has pro govt wanting to build battery plant nearby on the back of its size. (multi generational size) 6. Has most of offtakes signed , 7. Planning for downstream processing PLS Hydroxide 8. Has lithium highly skilled JV partner 9. Has world Class Tin 10. Has green hydro energy option 80km away 11. Has finance mostly arranged already 12. Has chosen suppliers already for mining Kit and the world is absolutely gagging for what we will mine. 11. and Now we have a mining License green light So she is ready to go... I don't think this minor ownership hicup will derail the show at all they will just get on and build it anyways. An amusing side show perhaps to watch as to the main gig proceeds away. Still touting end of 2023 for Prod. At this stage I'd be happy with Jun 2024 TBH. This is the reason AVZ is the most trolled stock around both in the past, now and prob in the future ...Cause it is so damn valuable and every man and his dog knows it to be true...
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Oh I also forgot AVZ planning to scale up to 10mt/yr initially ..DFS must be nearly done on that by now. TBH I think it will scale up to 20/ 30 and 40mt per annum in quick order as the world is desperate for the stuff. Only AVZ can handle this kind of output for a sustained period of time.