Its more likely that a more investment focused mining company or Lithium processor would buy out AVZ rather than a Lithium Battery manufacturer.
CATLs upcoming IPO for $2 Billion dollars wont see them spend 25 to 50% of it on buying up AVZ.
CATL have huge expanionist plans for 35 then 100 GW factory output.
So $2 Billion will be spent on Building Plants and aquiring multiple mineral assetts and resources at the best economic -costing-profit-ratio (ecpr).
In My opinion garnering output from AVZ via a $100 million dollar JV is a much better ecpr investment.
BNBT may see this as the best ecpr investing as well.
It would seem unviableto use up 50 to 75% of hard earned cash to buy one strategic mineral. When aluminium, cobalt, copper, lithium, manganese and nickel minerals are all required for this Electric Storage Evolution Commodity Supercycle (ESECS).
Looking forward to Drilling that is ongoing. Followed by Assays then JORC!!
IMHO.DYOR.
AVZ Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
