Li ETF up over 2% at close. On reflection it appears that the are many factors weighing on AVZ SP causing the huge collapse from 37c . I believe all obstacles dissolve (rapidly) if LI sentiment continues to grow on the basis that AVZ has the largest ; one of the highest quality and most uninterruptible Li mines on the planet (x2 most likely).
I fear we still have challenges of funding, investment and powerful commercial entities still looking to take control for next to nothing. I feel that these fears will quickly fade if the SP could start to move and this was in line with continued bullishness in Li sentiment . Reading the press recently leads me to believe this could very well happen throughout 2019 and beyond. Watch this space now the SPP pill has been swallowed.
AIMHO
AVZ Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
