Advantage Lithium Corp AVLIF

Advantage Lithium - rated at $2.50/ share

[TsxTyson]

https://seekingalpha.com/article/4178401-advantage-lithium-delivers-strong-natural-resource-estimate-stock-rated-2-share

[jcimino77]

Do you know when that target will be reached? I've read all the reports from a couple banks but they do not give a timeframe when.

[Not2Sirius]

. Target prices are one year targets, and generally assume the company succeeds on all of its development goals.  For Advantage, they are predicting the price next June of $2.00-$2.50  assuming a positive feasibility study, some resource improvement, and financing success.  There is also a possibility of dilution, so you need to know whether any was assumed by the analysts... can

[jcimino77]

Thanks. Im new to this stock so im wondering how successful this can actually be. I know eventually as the world phase out fossil fuel cars that the demand for lithium will increase as the demand for electric vehicles increase. I'm wondering when we will see a decent increase in stock price as it seems to come in waves. Any idea why that is? Perhaps quarterly reports? Ive read that AAL has a

[Not2Sirius]

Quarterly reports are meaningless here since there is no revenue.  The waves you see on the chart are market appetite for lithium risks.  Quite a downturn in most lithium stocks since January, driven by the Morgan Stanley oversupply scare.  There also tends to be a run up to life events like the maiden resource estimate and pea, and often the market will sell the news (not always).

[TsxTyson]

Quarterly reports may be meaningless in the short term. All I'm looking at is the balance sheet and this companies enormous assets vs their miniscule debt/liabilities. This will play out better than expected with electric vehicle sales on the rise and with the increasing demands on lithium for all other products. David Sidoo being the CEO has not disappointed with his previous companies