1) AVZ always drop on good news (the Manono curse!)
2) More seriously, I think short term traders bought in expecting an increase on some JV/TO deal with the Chinese delegation in Manono and that wasn't in the announcement. I don't think Langford's twittergate had a huge effect tbh.
3) On the macro front, most lithium stocks are struggling. We are down about as much as PLS from the Jan high. PLS is a quality project and haven't really done much wrong but the sector has been rattled by incorrect oversupply fears.
I'm pretty confident longer term.
AVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held