Rip Hot Investor, I remember how he was hoping AVZ to fail..Haha, you mean HOT INVESTOR ?
Or that other dick head FLASH POINT ?
I can get away by saying this, ole Hot , put his lifes savings ( 70k ) in SPX aka Cirralto, bought around 8c.....its now .008c....
If Flash Point took notice of my advice or Cabbie or Hoots, he would have saved 50% on LTR
LTR now 1.02 and as we all know, is in the ORPHAN period, not even TESLA offtake could stem the slide, remember when AVZ had 3 offtakes and it failed to move the dial ?
That was in a bull market too, unlike the Bear market which we have right now.
LTR could drop to 90/80c or lower.
imo
Der Geist just absolutely tore AFRTom and his AVZ article to pieces.
W..
I wonder who’s buying all these throw away shares atm
My bet it’s the Big boys that announce doom etc, scoop up shares just like last time although covid kinda “covered up” that recession didn’t it… Looks like the $$$$ pump into the economy behind “health” didn’t work so now it’s time possibly..
Then they sleep with the media everything ok and make a Squillion ok the way up
AIMO
GLTAH
Der Geist just absolutely tore AFRTom and his AVZ article to pieces.
I must say that's a decent analysis, that would have taken many hours to write.
I gave up faith in Flanno a long long time ago. I was lucky to escape with my shirt and a free pair of socks from BAT. Looks like 20% down is not so bad based on some other holdings I have. I bought into another lithium player thinking we had some market technically support and lost over 20%.. there goes my shirt again.4 of my holdings are even... AVZ in suspension, DRE in trading halt, BAT has already shit the bed in the last year and VRC but I'm already down 20% in one and a half weeks so far anyway so might as well be red LOL.
My Portfolio is only down 1.65% today so I'll take that as a win since I'm beating the ASX.
Who hasn't given up on Flanno, over 20% of SH voted for him to be removed! I held 300k shares at 1.9c then bought another 200k at .006 last week so a huge average down. The ground in Vic has potential but yeah it's like buying ZIP, I don't really expect to ever see that money again.I gave up faith in Flanno a long long time ago. I was lucky to escape with my shirt and a free pair of socks from BAT. Looks like 20% down is not so bad based on some other holdings I have. I bought into another lithium player thinking we had some market technically support and lost over 20%.. there goes my shirt again.
I am not so worried, I have some of my larger holdings in a Pilbara gold explorer drilling like mad at Hemi (DEG). I have my eye on another player (NOV) after reading about them in stockhead but I am still slowly working my way through numbers and seeing if a buy there is a smart move.
Previous environments like this we see raw gold supply being pushed first, pushing up the gold price. We then see the explorers rise as market supply gets constrained.
From there gold price rises until the market finds an overall floor. At this point I will look to move out of my 15% or so gold holding and move further into AVZ if it is trading.
What I am trying to work out right now is the fair value estimate (FVE) on AVZ based on market movements of other lithium players since the day we went into suspension, the movement of Li2O sales and overall market movement plus a level of risk perceived by the market on the AVZ vs Zijin drama.
Please do not scratch my face, I am thinking FVE is in the neighborhood of 49-52c. Is anyone else coming to a number around this? I know what we are and the number seems low, but this is what market data is telling me AVZ would be cooking for right about now on open trading.
“Things that make you go hmmm” … 100% agree with you Jag … whilst I agree with some of the points he makes, I also think that Der Geist is trying to distance himself from the whole debarcle as well by reviewing the story the way he has, ie trying to appear more “impartial” towards AVZ … hmmThanks that make you go........hmmmmmm
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Take that those on the Crapper (and from what I just read on twitter, Boatman too!) that state AVZ is standing idle and stalling activities. Excellent positive sign!
LinkedIn mateHi Jag, can you tell me what site that is from?
TIA
Hi Jag, can you tell me what site that is from?
TIA
This, portable workshops, generators, pumping plants, earthmoving gear, wash plants, screeners, power line gear. A lot of the ‘smaller’ gear required to have a start up.Small modules, dongas, portable office's....pretty much a lot of small stuff. The 50t is just a bit larger than a Franna
Purchases like this should be posted on AVZ's Twitter feed if not on the company website.This, portable workshops, generators, earthmoving gear, wash plants, screeners, power line gear. A lot of the ‘smaller’ gear required to have a start up.
This is actually a great thing to see as it does mean works ARE happening in the background.