AVZ Discussion 2022
- Thread starter GazDix
- Start date
I am one of the early investors too dude, 7c, dont know who FF is and i didnt realise i was preaching at you.Think FF floats your bout on crapper …Average 11c …i like this Dude shyte go and fire a few arrows into the mist …just under 800 %up a bit of wriggle room dude…glad you learnt TA …been married for 38 yrs .you can only loose 100% been here a Loonnnggg time dude rode from 4c..to 37 and back again …1of the early investors …don't preach to me
Put me on ignore son.
It was a bit hard to interpret his post ... .it was so incoherent..
Xerof
Flaming 1967
Like us, our off-take partner is saying - just hurry the fuck up and get this show on the road
Use Google translation
JAG
Top 20
TIANHUA CHAOJING (300390) QUARTERLY REPORT COMMENTS: Q1 PERFORMANCE IN LINE WITH EXPECTATIONS MANONO PROJECT HAS MADE POSITIVE PROGRESS
2022-04-30 wang qi/liu simeng/ma yue · guosheng securities co., ltd
THE Q1 PERFORMANCE INCREASE WAS MAINLY DUE TO THE INCREASE IN THE VOLUME AND PRICE OF LITHIUM HYDROXIDE AND THE LOW PRICE OF LITHIUM CONCENTRATE IN STOCKS.
1) VOLUME: THE COMPANY HAS TWO LITHIUM HYDROXIDE PRODUCTION LINES IN TIANYI PHASE I + PHASE II, WITH A TOTAL PRODUCTION CAPACITY OF 50,000 TONS / YEAR, AND AN ANNUAL OUTPUT OF ABOUT 44,000 TONS. ACCORDING TO THE SCHEDULING RHYTHM OF THE COMPANY'S TIANYI PHASE I AND PHASE II PROJECTS, IT IS EXPECTED THAT THE OUTPUT OF LITHIUM HYDROXIDE IN Q1 WILL BE ABOUT 10,000 TONS, PLUS ABOUT 0.14 MILLION TONS OF INVENTORY AT THE END OF 2021, AND THE SALES VOLUME IS EXPECTED TO BE ABOUT 11,000 TONS.
2) PRICE: ACCORDING TO BAICHUAN YINGFU, THE AVERAGE PRICE OF LITHIUM HYDROXIDE IN 2022Q1 IS 335,000 YUAN / TON (INCLUDING TAX), +80.69% MONTH-ON-MONTH; ASSUMING THAT A SINGLE TON OF LITHIUM HYDROXIDE CONSUMES 72,000 TONS OF LITHIUM CONCENTRATE, IT IS EXPECTED THAT THE NET PROFIT PER TON OF LITHIUM HYDROXIDE IN Q1 WILL BE ABOUT 1.8 BILLION YUAN / TON, THE NET PROFIT ATTRIBUTABLE TO THE PARENT OF THE LITHIUM SALT BUSINESS WILL BE ABOUT 1.45 BILLION YUAN, AND THE NET PROFIT ATTRIBUTABLE TO THE MOTHER OF OTHER BUSINESSES IS EXPECTED TO BE ABOUT 0.5 BILLION YUAN.
the major projects are launched one by one, and the first phase of jiang'an + yichun is expected to be put into operation within this year. at present, the company plans and consolidates the lithium hydroxide production capacity of 160,000 tons, including the existing 50,000 tons (75% equity) + jiang'an 50,000 tons (75% equity) + ganmei 60,000 tons (wholly-owned), and the joint venture with ningde yichun construction capacity of 100,000 tons of lithium carbonate production capacity (10% equity), the total equity capacity of 145,000 tons, of which jiang'an phase i 25,000 tons & yichun phase i 50,000 tons is expected to be put into operation within this year. since the company cut into the lithium sector in 2020, the production speed and investment cost of each project are at the leading level of the peers, and relying on ningde to cut into the core supply chain of the industry, the future has the potential to grow into a domestic lithium salt first-line enterprise.
The Manono project has met the conditions for the approval of the mining certificate, and the company's concentrate source guarantee is expected to be improved. On April 13, AVZ announced that it had received a positive technical opinion from the Ministry of Mines of the Democratic Republic of the Congo (DRC) on the final feasibility study of the project (DFS), and that the Manono project had met all the conditions for the approval of the mining license (mining license is being applied), and according to the final feasibility study (DFS) released in 2020, the project was signed from the EPC contract - the first batch of lithium concentrates was delivered in only 18 months, and it is speculated that if the project starts in the first half of 2022, it is expected to be put into production by the end of 2023. According to the agreement signed between the affiliated company Tianhua Times and AVZ, Tianhua Times can obtain the underwriting right of 50% lithium concentrate of the Manono project, and the total package sales volume of the company's lithium concentrate will reach 1.015-104.5 million tons, basically covering and consolidating the 160,000 tons of lithium hydroxide production capacity planning.
INVESTMENT ADVICE: IT IS ESTIMATED THAT THE COMPANY'S OPERATING INCOME IN 2022-2024 WILL BE 18.56, 248.1 AND 30.79 BILLION YUAN, THE NET PROFIT ATTRIBUTABLE TO THE PARENT WILL BE 40.7, 73.3 AND 10.35 BILLION YUAN, THE EPS WILL BE 6.9, 12.5 AND 17.6 YUAN / SHARE, CORRESPONDING TO PE OF 8.8/4.9/3.5 TIMES RESPECTIVELY, MAINTAINING THE COMPANY'S "BUY" RATING.
risk warning: the risk of price fluctuations of lithium hydroxide products, the risk of the epidemic affecting terminal demand, and the risk that production capacity production is less than expected.
2022-04-30 wang qi/liu simeng/ma yue · guosheng securities co., ltd
THE Q1 PERFORMANCE INCREASE WAS MAINLY DUE TO THE INCREASE IN THE VOLUME AND PRICE OF LITHIUM HYDROXIDE AND THE LOW PRICE OF LITHIUM CONCENTRATE IN STOCKS.
1) VOLUME: THE COMPANY HAS TWO LITHIUM HYDROXIDE PRODUCTION LINES IN TIANYI PHASE I + PHASE II, WITH A TOTAL PRODUCTION CAPACITY OF 50,000 TONS / YEAR, AND AN ANNUAL OUTPUT OF ABOUT 44,000 TONS. ACCORDING TO THE SCHEDULING RHYTHM OF THE COMPANY'S TIANYI PHASE I AND PHASE II PROJECTS, IT IS EXPECTED THAT THE OUTPUT OF LITHIUM HYDROXIDE IN Q1 WILL BE ABOUT 10,000 TONS, PLUS ABOUT 0.14 MILLION TONS OF INVENTORY AT THE END OF 2021, AND THE SALES VOLUME IS EXPECTED TO BE ABOUT 11,000 TONS.
2) PRICE: ACCORDING TO BAICHUAN YINGFU, THE AVERAGE PRICE OF LITHIUM HYDROXIDE IN 2022Q1 IS 335,000 YUAN / TON (INCLUDING TAX), +80.69% MONTH-ON-MONTH; ASSUMING THAT A SINGLE TON OF LITHIUM HYDROXIDE CONSUMES 72,000 TONS OF LITHIUM CONCENTRATE, IT IS EXPECTED THAT THE NET PROFIT PER TON OF LITHIUM HYDROXIDE IN Q1 WILL BE ABOUT 1.8 BILLION YUAN / TON, THE NET PROFIT ATTRIBUTABLE TO THE PARENT OF THE LITHIUM SALT BUSINESS WILL BE ABOUT 1.45 BILLION YUAN, AND THE NET PROFIT ATTRIBUTABLE TO THE MOTHER OF OTHER BUSINESSES IS EXPECTED TO BE ABOUT 0.5 BILLION YUAN.
the major projects are launched one by one, and the first phase of jiang'an + yichun is expected to be put into operation within this year. at present, the company plans and consolidates the lithium hydroxide production capacity of 160,000 tons, including the existing 50,000 tons (75% equity) + jiang'an 50,000 tons (75% equity) + ganmei 60,000 tons (wholly-owned), and the joint venture with ningde yichun construction capacity of 100,000 tons of lithium carbonate production capacity (10% equity), the total equity capacity of 145,000 tons, of which jiang'an phase i 25,000 tons & yichun phase i 50,000 tons is expected to be put into operation within this year. since the company cut into the lithium sector in 2020, the production speed and investment cost of each project are at the leading level of the peers, and relying on ningde to cut into the core supply chain of the industry, the future has the potential to grow into a domestic lithium salt first-line enterprise.
The Manono project has met the conditions for the approval of the mining certificate, and the company's concentrate source guarantee is expected to be improved. On April 13, AVZ announced that it had received a positive technical opinion from the Ministry of Mines of the Democratic Republic of the Congo (DRC) on the final feasibility study of the project (DFS), and that the Manono project had met all the conditions for the approval of the mining license (mining license is being applied), and according to the final feasibility study (DFS) released in 2020, the project was signed from the EPC contract - the first batch of lithium concentrates was delivered in only 18 months, and it is speculated that if the project starts in the first half of 2022, it is expected to be put into production by the end of 2023. According to the agreement signed between the affiliated company Tianhua Times and AVZ, Tianhua Times can obtain the underwriting right of 50% lithium concentrate of the Manono project, and the total package sales volume of the company's lithium concentrate will reach 1.015-104.5 million tons, basically covering and consolidating the 160,000 tons of lithium hydroxide production capacity planning.
INVESTMENT ADVICE: IT IS ESTIMATED THAT THE COMPANY'S OPERATING INCOME IN 2022-2024 WILL BE 18.56, 248.1 AND 30.79 BILLION YUAN, THE NET PROFIT ATTRIBUTABLE TO THE PARENT WILL BE 40.7, 73.3 AND 10.35 BILLION YUAN, THE EPS WILL BE 6.9, 12.5 AND 17.6 YUAN / SHARE, CORRESPONDING TO PE OF 8.8/4.9/3.5 TIMES RESPECTIVELY, MAINTAINING THE COMPANY'S "BUY" RATING.
risk warning: the risk of price fluctuations of lithium hydroxide products, the risk of the epidemic affecting terminal demand, and the risk that production capacity production is less than expected.
JAG
Top 20
Just a bit of comedy on a Sunday afternoon from the green maggot.
I’m sure that bloke has nightmares about AVZ
View attachment 5337
Ah is that frog still alive? I'm still waiting for his predication of $10 for PLS to come true.......Pretty sure I still have that post saved somewhere
Haha, one of the big disappointments of being banned on HC is I wont be able to give that wanker the bird......lolJust a bit of comedy on a Sunday afternoon from the green maggot.
I’m sure that bloke has nightmares about AVZ
View attachment 5337
Sammy_da_Smile
Regular
Winenut
GO AVZ!!!!
There's plenty of us who will give it to him for you
TDITD
Top 20
Ah is that frog still alive? I'm still waiting for his predication of $10 for PLS to come true.......Pretty sure I still have that post saved somewhere
View attachment 5338
It’s only going to get funnier, like when we overtake their MC, SP and then reach $10 before they do.
Samus
Top 20
Having never really seen any expected announcement on time I'm wondering about others thoughs on how soon the BFS and FID might drop after the mining licence lands?
Have we got a potential further hold up on our hands with increased output? Or can these changes if necessary be added to the BFS at a later date? (genuine question I have nfi)
If it isn't already tied in with the ML kind of expecting some further hold up with the HEPP given what we've seen from the DRC side so far. But I'm optomistic being less beholden on third parties our management might start to push through some of the critical developments needed to bring this to mine. Don't know perhaps I'm just a glutton for punishment?
Is it just as likely the complexities moving forward have been similarly played down and will push this out still further than anticipated?
It's hard not to imagine a scenario of at least some level of permitting, supply chain and logistical issues given where the deposit is located.
Have we got a potential further hold up on our hands with increased output? Or can these changes if necessary be added to the BFS at a later date? (genuine question I have nfi)
If it isn't already tied in with the ML kind of expecting some further hold up with the HEPP given what we've seen from the DRC side so far. But I'm optomistic being less beholden on third parties our management might start to push through some of the critical developments needed to bring this to mine. Don't know perhaps I'm just a glutton for punishment?
Is it just as likely the complexities moving forward have been similarly played down and will push this out still further than anticipated?
It's hard not to imagine a scenario of at least some level of permitting, supply chain and logistical issues given where the deposit is located.
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cruiser51
Top 20
But Felix and his cohorts simply haven't got time to sign Mining Licenses, they are constantly on the move.
They have more frequent flyer points than a Kentucky Fried Chicken Chook!
Samus
Top 20
But I heard somewhere it is imminent
I'm expecting BFS the few days after ML and maybe FID a few weeks after?
From what Nige tells us the BFS is ready to go pending ML being issued.
Sammy_da_Smile
Regular
OMG OMG OMG
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