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23/06/18
07:41
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Originally posted by Two fat ladies
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Anyone stressed about being 60% down and loosing faith in AVZ probably doesn't fully understand the fundamentals of this investment.
1.This lithium deposit is huge, that is a fact and we haven't even started with the extension project yet.
2. MOU's are in place with some very major players all of whom will be very interested in the quality and quantity of our Lithium.
Make no mistake management are very much aware of whats required here to get this company into production and I believe they have the right people involved (ML) to land the all important deals WHEN THE TIMING IS RIGHT! The current SP is clearly undervalued imo, but as soon as the JORC is announced we will be in very different territory and I have no doubt we can go back up equally as fast as we came down. Waiting for a positive announcement can be painful, but it will come so be patient and just look forward to being an investor in the worlds biggest Lithium mine!
DYOR
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I will agree with the Fa stand point but will add if you are substantially down taking time to looking into charting and and understanding technical signals will save you some hurt and allow you to preserve capital for the uptrend. Speaking from experience. BB