AVZ 0.00% 78.0¢ avz minerals limited

In response to @WoodySpoon above (reply tag didn't work);AVZ...

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    In response to @WoodySpoon above (reply tag didn't work);

    AVZ became a member of the European Battery Alliance in Sept 2020. This seems significant. Given that AVZ are a part of this network and that the managing director said in the Oct 2020 interview that they are in talks re European offtakes and potential financing and also giving an estimate of offtakes and financing completion for around March 2021 (and with Gangfeng deal recently announced), to me there's reason to expect announcement/s re European offtake in the coming weeks/months.

    IMO it's the other way round in that they want to utilize some non-European resources to ensure enough supply for when forecasted shortages come so that they are not just reliant on European projects such as INF's for example (Europe 2nd largest hard rock Li JORC resource) which is taking longer to get established.

    https://www.eba250.com/about-eba250/network/

    All IMO
    Last edited by Revali: 07/01/21
 
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