AVZ 0.00% 18.5¢ avz minerals limited

Ann: Trading Halt, page-129

  1. 4,655 Posts.
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    Interesting article.
    https://www.aheadoftheherd.com/Newsletter/2019/Called-for-lithium-tsunami-cancelled.htm

    "Another important factor here is offtake agreements. As we pointed out in a recent article, all present and future production from Australian lithium mines has been spoken for, which reduces the amount of spodumene on the spot market – putting upward pressure on prices."

    perhaps there is still a market for Manono Spodumene especially with a 5 year tax concession ?
    reminds me how the Chinese first started its exports to the world , going back 20 years,would offer the importer the goods at no price and once sold say in Australia the Chinese manufacturer/ wholesaler where paid.
    How things change.
    ALL IMO
 
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