OTCQX:AVLIF - Post by User
Post by
AlphaWolf13on Oct 15, 2018 5:01pm
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Post# 28805296
AAL and Lithium
AAL and LithiumAdvantage lithium has been utilizing its partnership with Orocobre to move quickly towards being able to release their DFS hopefully by Q2 of 2019 and has to this date drilled 4800 meters to add to their 3.02 million tonnes of LCE they already have. AAL's drill results have been comparable to that of their partner Orocobre and of Lithium America and Gangfeng.
https://www.northernminer.com/joint-venture-article/jv-article-advantage-lithium-leverages-orocobre-relationship-to-push-cauchari-towards-feasibility/1003800146/
As for lithium itself, many believe that the lithium market for the next few years will be tight, and that within the next decade, there will be a shortage of lithium with supply demand being 5 times what it currently is by 2025. The belief is that the current down turn of stock prices are caused by a fear of an over supply for the short term.
https://www.thestar.com/business/technology/2018/10/12/livent-corp-boss-warns-of-lithium-shortage-within-a-decade.html
I believe AAL's stocks are gonna be hovering around the current prices for the remainder of 2018 and that sometime in 2019, probably around when the DFS is released that we will hopefully see our stock value start to climb with the possibility of a buy out at some point. Its a good investment considering that it partnered with Orocobre which means that AAL can use Orocobre's experiences and knowledge to help grow and expand on top of that Goldman Sachs is currently their main financial advisor and will help find funding for future aspects for their projects.