AVZ 0.00% 18.5¢ avz minerals limited

Ann: AVZ Minerals hits 284.47m @ 1.52% Li2O, page-102

  1. 23,253 Posts.
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    Well explain the Haoyou investment in AVZ and visits from Chinese majors seeking lithium ... why bother if they can get their lithium elsewhere. Why because its a multi generational size high grade resource. Control Manono and you will likely wield significant influence on hardrock lithium market for decades. The Chinese want to dominate the new energy space... they already had tied up stakes in many lithium companies... They already control most of the worlds Vanadium located in China. Locking in AVZ would be a pivotal deal to that end. IMHO

    Also explain why Sinomine want to purchase PSC Arcadia Lithium deposit in land locked Zimbabwe in Africa when they can get lithium elsewhere?

    From PSC market update transaction ann 26 Feb 2018

    "...the potential acquisition of the Arcadia lithium project, via either:
    a) an offer to acquire a minimum of 51% of Prospect; or
    b) an offer to purchase 100% of the Arcadia lithium project directly...."
 
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