From yesterday's action there were at least two big whales that got their fill and are now set at 10c...2,000,000 and 3,000,000 orders!
Expecting now a steady build up from this bargain basement price as we build up to the scoping/transport study due later this month that will indicate the viability of the project, and to use the companies words to
FAST TRACK THE DEVELOPMENT OF THE PROJECT!, not to mention that just the fact of having officially the largest hard rock lithium resource in the world, 2nd in grade only to Greenbushes, homogenous, close to the surface, with tin, tantalum and potentially niobium credits which collectively make AVZ's deposit easy and cheap to mine will potentially be a carrot that could push the green light for a number of major entities circling AVZ
before the transport/scoping study! or will the scoping study be the green light!We know some of the players....AVZ has MOU's with some of the biggest battery makers and battery material suppliers in the world; Tinci, Greatpower, and BNBT. BNBT's due diligence team including its Chairman have visited Manono. CATL, the biggest lithium-ion battery maker globally have had negotiations with AVZ through Airguide and visited the DRC and own the AVZ tailings. Sinotech did due diligence at AVZ's Manono site earlier this year. Or will we see companies from left field such as Glencore want to be a player in having the opportunity of owning a resource of AVZ's size and quality
that they could potentially be capable of controlling globally lithium pricing and supply!The point is if companies wait too long they will miss out. The clock is ticking!I am not the only one realising that one of these players could strike at any time:
Nigel Ferguson, Managing Director of AVZ stated that:
'
WE DECIDED WE SHOULD GET RESOURCES UP FIRST SO WE CAN TALK SOME SOUND NUMBERS' ......WITH SEVERAL ENTITIES. go HERE
Der Geist @SaneGeist 14h14 hours ago'
$AVZ world’s largest
#lithium resource
A lot has changed since SINOTECH visited #manono FEB 2018 on behalf of undisclosed entity; including JORC measured & indicated attained, road to Lubumbashi improvements, and now we await scoping study...or an offer'
http://www.sinotech-zsdk.com/news/shownews.php?lang=cn&id=208 … go HERE
Obe Wan @_smogdaddy Aug 1'world’s largest lithium deposit, with the second highest grade globally' with no offtakes in place, don't pop up everyday. Manono has now been rubber stamped with JORC to confirm.
Expect some swift movements!' $AVZ go HEREObe Wan @_smogdaddy Aug 1$AVZ ; 'after dusting off the traders ; this is now where the $$$ will be made.
JORC will have slapped the Chinese board room button!' go HEREP.S.1.An investment announcement(company and or institutional) is a left field announcement that could occur at anytime, especially now that AVZ has established itself as having the world's largest hard rock lithium resource of high grade(second in grade only to Greenbushes!) and that is why I think it is foolish to be on the sidelines as such an announcement has the potential to put a rocket under the SP.
2. Another announcement that could hit at anytime is the expected new chairman/restructured board announcement to help fast track AVZ to mining. Again this would be another announcement because of its emphasis on directionality to fast track AVZ to mining could potentially again be a very positive stimulus to the SP!
AIMO
