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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canada-based mineral development company, which is focused on vertically integrating the Ontario lithium supply chain. The Company’s projects include East Kemptville Tin, Lilypad Cesium, Nechalacho Rare Earth Elements (REE), Separation Rapids Lithium and Warren Township Feldspar. The East Kemptville Tin-Indium Project is located approximately 45 kilometers (km) northeast of Yarmouth, Nova Scotia. The Lilypad Cesium-Tantalum Property consists of 14 claims totaling 3,108 hectares covering a field of cesium, tantalum and lithium-rich granitic pegmatites. The Nechalacho REE Property is located at Thor Lake, Northwest Territories. The Warren Township Anorthosite Project is an advanced specialty industrial minerals development opportunity located 100 km west of Timmins, Ontario in the Porcupine Mining Division. The property is located near road and rail infrastructure and is close to markets in southern Ontario and the northeastern United States.


TSX:AVL - Post by User

Comment by toppgunnon Jan 09, 2021 4:43pm
311 Views
Post# 32261887

RE:Graph

RE:GraphAdmire your enthusiasm, myself will start bragging when this gets to .25.  The movements upwards are not spectacular despite all this news i.e. .005 to .02 seems to be the highest interday trading close.  There is definitely good volume and lots of speculation for this to be successful especially with partnership with Rock Tech Lithium.  My concern is the huge shares outstanding at around 400 million including all the warrants and share options.  Hence, this would be roughly valued at 100 million at .50 where my target price is set without no active plant or revenue source.  

The company needs to rollback the shares 10 to 1 and upward momentum should benefit sharehoilders i..e Aura Minerals T.ORA is a rececent prime example.  This is the only way financing would work to get a mine built.  It can't be done diluting shareholders at .25 to .50 cents.  Finance at 1 to 5 dollars and things will start to get done quickly and benefit shareholders as this should be a continual uptrend.

I'm targeting .50 cents at present setup and anything extra is a bonus. Being totally realistic at 400 million shares outstanding!  Hey, this is a good return of double or triple from current prices.  


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