AVL Chart, page-2842

In all honesty, I would be worried. You're hedging your position on an off take, which clearly isn't around the corner and we are in an economy which is evidently horrible. No update from management, the most we've heard is that NOW they can start discussing an offtake but also, no one will sneeze at it without an environmental approval confirmed - which isn't yet. So ask yourself, when will this even be negotiated?

Commodities are smashed across the board. Largo just announced they'll be upping production, but yes, there is still need for another producer. I am not ruling out $AVL, but the general approach "lets look at this in 5 years" is sort of idiotic. If there is no offtake here in the next 2-3 months prior to a DFS this will just slip further. Not to mention those options didn't get converted and majority are outstanding, which means they most likely will need a CR. At the levels a CR will destroy the MC further, combined with a poor economy, combined with no offtake etc etc. This play is completely speculative, which it always has been. I was quite bullish on $AVL, and to some extent I still have hope given the potential profitability here based on that PFS, but .... it's all a huge IF and unfortunately it would appear that there is more staked again $AVL atm than for it. Maybe this will turn, but like most things, unless the market has some confirmation off an upside here, it's a very long hold. If you got capital to remain, go for it. But don't try and beat around the bush here for other holders. I am cutting through the bullsh*t. ALL IMO ETC ETC.