Time to top-up

Following table provides some indication of the value of four lithium companies:

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11	Column 12	Column 13	Column 14	Column 15	Column 16	Column 17	Column 18	Column 19	Column 20	Column 21	Column 22	Column 23	Column 24	Column 25	Column 26
0	Column 1 0 Stock	Market Cap(M$)	Resource Size(Mt)	Li2O(%)	Li2O(t)	Market Capper Mt LithiumPLS	1,600	156.3	1.25	1,953,750	819AJM	673	44.1	1.00	441,000	1526SYA	83	20.46	1.02	208,692	398AVZ	308	300	1.02	3,060,000	101

[/table]

First, I like to mention that I am aware that PLS and AJM are close to production and SYA finished DFS. I am also aware that production cost is not included in the analysis. However, the unit rate production cost for AVZ should be equal to or lower than the other companies as the resource size is much bigger.

Based on the table, assuming the resource size for AVZ is only 300 Mt (it is high likely  well above this size), the market cap per lithium size in AVZ is very below the other lithium companies. For example, market cap per lithium size for AVZ is roughlt 25% of SYA.

Considering the above points, I think AVZ is simply half price and worth simply about 40c.

Please do not sell your share cheap while you know it worth much more. See for example in the last 2-3 days, the shorters pushed the share price down to 16c and then pushed it up to 19c and hence so many shareholders were played and simply scared and sold their shares cheap to shorters.