AVZ 0.00% 78.0¢ avz minerals limited

Albemarle bucked the market trend last night beating earning...

  1. 138 Posts.
    lightbulb Created with Sketch. 679
    Albemarle bucked the market trend last night beating earning expectations.
    It sits at $27.5B USD
    In production Manono will be about on par with Albemarle's lithium production.
    AVZ sits at $2B USD

    If/when AVZ's equally as impressive pegmatite CDL gets up and running it has the potential to be twice the size of Albemarle's production.

    I also hear Wed's selling had to do with an institution involved in the 13c capital raise. They wern't to sell until the ML was announced. This explains a lot and likely shorters were aware prior. Unfortunately everyone thinks its related to the project %, not the case.

    Some food for thought during market ups and downs and remember the bigger picture.
    GL all
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.