Woody:When you start a sentence with “I heard it said”(which is...

Woody:

When you start a sentence with “I heard it said”(which is code for no evidence) warning bells go off that this is complete unsubstantiated BS to fool the naive.

BTW the way the NPV for AVZ is a gargantuan AUD $3.7 billion, multiples of our current market cap, we have the option to right now own 75% which was negotiated at a bargain price, not 60% as Woody states, and after the Special Economic Zone expect further tax, duties and royalty exemptions. At the meeting I was with with Nigel Ferguson, Managing Director of AVZ, he was talking about also going for 85% ownership, on top of the guaranteed 75%, and pushing a multi-year tax holiday, and a VAT exemption. Add the fact that lithium prices are increasing and as the electric vehicle/energy storage revolution gets into full swing there will be a lithium deficit because of a lack of exploration when lithium prices tanked. win, win for and increased NPV!

I will also say it is complete BS to say that future offtakes are factored into the share price....never heard of that in my life and this is further scaremongering to get you to depart and or not buy AVZ shares. When the imminent oversubscribed offtakes are signed for AVZ this is what the market has been salivating for, as it will show our product is greatly valued by big players and financiers and big investors will respond according to rerate the share price. Just look what happened to AVZ’s SP when only one offtake was signed!

Of course Woody(Pinocchio) never tells you any of this because he knows AVZ with a realistic exploration target of 1.5 billion tonnes of high grade spodumene with the least deleterious elements of global hard rock deposits can and will disrupt the lithium space!

BTW, a shout out to Rainbow Daisy who on the FFX blog gives an excellent honest criticism of the FFX product in the thread SC6 Fines. Well worth a look if you have the time to read well thought out arguments which in contrast to Woody is an honest appraisal not dishonest and out of context spin to scare AVZ holders sheetless.

AIMO