AVZ was seen an extremely profitable at .50%Li and had a significant amount of weathering which a lot of people attempted to downramp.
Can a downramper on here let me know where AVZ stands in regards to it's world ranking in deposits of Li?
These aren't very deep drills which were used and for anybody to make a proper assessment we need results from deeper depths. My understanding is that these drills weren't used on the AVZ site but I could be wrong.
Regardless if people want to offload their shares at a huge loss that's their problem if the deeper results come back good. If they don't then that's the risk of investing.
People will argue that AVZ has a substantial amount of Tin which makes it more profitable 100% true. They have also done a lot more drilling which is true and a lot deeper.
Here's the kicker though. One thing you cannot argue is that nearology (deadset hate that word) also benefits the logistics of transportation costs.
No matter what the Li is at the end of the day the fact that we are so close to AVZ transport will never be a problem.
I'm holding and happy for a lower amount of Li than AVZ based on that reason.
4CE Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held