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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.


TSX:AVL - Post by User

Comment by Mouloukon Apr 17, 2019 9:24pm
119 Views
Post# 29642059

RE:RE:RE:RE:Nechalacho Project - Rare earth project

RE:RE:RE:RE:Nechalacho Project - Rare earth project
Atomicbear wrote: Moulouk... With a little research, you will find that there is in fact an offtake agreement (Lepidico in Australia for the lepidolite lithium minerals at Separation Rapids) and a partnership at the East Kemptville Tin mine (Cronimet).

Here is a link to the 2018 President's Letter that will get you somewhat caught up on what's happening...

Click Here For Avalon's 2018 President's Letter




Atomicbear: Maybe I was not clear enough, but I limited my comments to the Nechalacho project and not the two others. I am not knowledgeable enough about the tin or the lithium projects. Obviously, if these two projects (or one of them) can finance the Nechalacho, so good for AVL shareholders and your problems are probably solved. On my side, before investing in AVL, I will need to better understand the other 2 projects and also understand how AVL business model is sustainable with the present market cap, the number of shares outstanding and the absence of short term cash flow. Obviously, if I decide to buy at some point, I will have missed shares at 5 cents, but I feel it is too risky right now for me (especially given what happened to MAT and QRM).

Good luck with your investment, Moulouk
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