OTCQX:AVLIF - Post by User
Comment by
AlphaWolf13on Sep 30, 2018 3:44pm
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Post# 28717851
RE:hang on AAL
RE:hang on AAL LithiumBoom wrote: AAL is worth much more IMHO. They have been battered due to all of the pump and dump companines in the market and whatever.
ORL got hit hard due to Argentina tax laws but that is way undervalued. ORL will bounce soon.
AAL fundamentals remain unchanged. This is still easily worth a few bucks per share.
I recently bought more for long and short term trading.
My expectation is that things change by the end of the current CY.
ReduceCo2
As of late, one issue that ive been seeing is that, the whole nonsense from the Morgan Stanley Report still being used in other articles about lithium supply and demand on top of seeing a few new companies coming out wanting to get involved in the lithium market has been effecting the market, at least thats what I feel. AAL is an a really good position for a profitable stock price based on the fact that its not only established but it has a world class brine basin that has very good potential of not only increasing its supply of lithium but even has the potential to double its supply of lithium. On top of the fact that it is partnered with Ocobre which itself is a very established lithium company and the partnership with Ocobre provides AAL with geological knowledge and experience in mining lithium and the connections with both community and government.
Also , as far as the Argentina tax that has just been established, according to the PEA and from what David Sidoo explained , there was an 8% discount included into the before tax and after tax value to counter the tax that has been levied. AAL is a good value and worth holding on, once we see exactly how much more lithium supply can be mined from the drill hole, we will see more value to our shares.