Also CATL build up a factory in Germany and what do you think because of what? The car industry in Germany is completely focused on EV and there are many plans behind and a lot a lot of money. Im a engineer in the European car industry and know what im talking about!! All of the big ones reduce the man power by ramp up programs where people can leave the company. For me its a sign to have money for the EV revolution. In fact, they collect money and this all is starting right now. Also the bosses confident that they can produce electrical vehicles with less workers. Daimler was in the media and there was explained some milestones to bring a lot new electic variant to the market. Volvo is fully along their plans to build asap only electrical vehicle's.(FHEV) Jaguar build right now some variants as full electrical vehicle. (FHEV) Ford build a JV with Volkswagen maybe not only to build cars together, also to have a lot of engineering cost reduction forcthe EV. Both of them working on that item. The big European car manufacturers build up a binding alliance for installing electric stations all over the european highways. The china brands the number one in EV and the rest are in panic to do not lost the point to join the party.the car manufacture world is at a point of no return. There are so many things going on, that is unbelievable for people they are not involved. So, as far as ive heard, there are many discussions and panic to get a battery supplier who can handle the amount of requested batteries. Go through all the car manufacturers and find only one which will not produce electrical vehicles, i was not able to! It looks for me that AVZ could have a big stake in the EV, but needs to have a really big player for a jv. All is regarding the size of the project, because if you do not find a really big one, it doesn't make sense to bring manono into production. Then you need "only" small mines and resources. Therefore, i expect that the avz board is looking for an consortium or is looking to have contacts only to really big ones and making business with them, you have to think two times about any further steps. They are probably toooooo big. I expect hard times for the final, because I'm confident that Nigel and team will gave their best to reach also for them the biggest profit and not only for us SH. The kick off for the final and therefore, the hard business will come if they are able to have binding MOUS or starting with JV. That will be the point by when avz sp will rise..... W/o these announcement the sp could move on the sidelines in the next time. At this point on time avz shares a good invest to trade with the right amount of shares and make profit in a short time. The interest in avz is really big all over the world. The traders could have problems in the next short time, if avz can announce that they have a jv partner, or a TO on the cards. For me avz is still the exciting one in my portfolio because here is everything possible at any time. I think also, that in the next short time the announcements could set the final way for avz and for us. Stuff for announcements are due, latest by end of march should come interesting news.
Lets see if they have the power that avz can brake out.
AIMO
Best wishes and a good start into the week all
AVZ Price at posting:
4.1¢ Sentiment: Buy Disclosure: Held