AVZ 0.00% 78.0¢ avz minerals limited

AVZ helped prove up a great resource here, a standout....

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    AVZ helped prove up a great resource here, a standout. Development should bring much prosperity to the region.

    Per recent presentations AVZ plans to get even bigger in 2022. More drilling planned post a favourable mining licence outcome.

    New JORCs for Roche, Carriere and Tin.

    “Historical tin / tantalum work is being checked to design a Reverse Circulation drill programme in order to generate a maiden JORC compliant Mineral Resource Estimate.”

    “Further planned drilling at Roche Dure is targeting the conversion of more of the 400Mt geological resources to reserves to further increase the mine life”

    “A significant 9,000m (minimum) diamond drilling programme commencing in early 2022 to generate a new MRE”

    “Maiden JORC Mineral Resource Estimate at Carriere de l’Este”

    200m+ widths are a common description for Roche Dure.

    If you followed the Roche drill campaign there were some beauties.

    300m+ of continuous high grade lithium.
    https://hotcopper.com.au/data/attachments/3821/3821129-a2ce1c70ff12c55427f20e723102349f.jpg
    https://hotcopper.com.au/data/attachments/3821/3821130-74ae66cfdaee4903ce5faaaaa2021790.jpg
    https://hotcopper.com.au/data/attachments/3821/3821132-31a509101a9a2b3f914a35db4b6ec8b7.jpg
    https://hotcopper.com.au/data/attachments/3821/3821135-89dd257b9f456be3989473df67d289f3.jpg
    https://hotcopper.com.au/data/attachments/3821/3821137-946c672994fbc6a05f4b4585941a230e.jpg

    More cracker drills to come in 2022.

    Great upside to resource expansion, mine life, project economics.

    Market seems to be getting an understanding of the huge potential.

    In price/value discovery mode as commercialisation potential nears.

    Lithium and Climate action thematics very strong.
    Much talk of 10-30 year plans. Net zero by 2050.

    Lithium a key EV critical mineral and part of Green Energy solutions.

    COP conference brought much interest to climate action this year.

    Tesla share price $1,000+ ($705 at start of year)

    LIT ETF heading towards $100 . ($61 at start of year)

    IMF predicting high demand and pricing for Lithium and EV metals/green energy as critical minerals and through climate action policies.

    Benchmark Minerals says Structural shortage is set to hit in 2022.

    S &P Global similarly predicts that lithium supply shortages could persist in 2022.

    This year AVZ sailed past $500m, $1b, now is $2b plus. Lithium producers valued at $6-7b. Production seems where AVZ is heading. We are in index rebalance territory which should see further investment interest.

    TA and FA aligning nicely. Bullish 1 month chart. Combination of Lithium/EV macro and micro AVZ specific news, Business Forum within days should be very positive.
    https://hotcopper.com.au/data/attachments/3821/3821141-3b137f9d8913c69d42923e5de0dae769.jpg

    Last edited by Maxi II: 22/11/21
 
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