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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

Post by toppgunnon Jan 06, 2021 9:59am
438 Views
Post# 32232019

Market Value 2010-2012 compared to 2021

Market Value 2010-2012 compared to 2021AVL traded from 2 to 10 (rounded figures) dollars from 2010 to 2012.  This trading for the most part was short lived for a few years before becoming a penny stock.  AVL became a member of the TMX composite index at that time and was around 95 million shares. To make the index there are stingent requirements and main reason a holder today.  

Hence roughly 4 ttimes the outstanding today in comparison. 

In very simple terms although alot of extra work was performed to amass 4 projects avl based on shares outstanding would be valued from .50 to maximum of 2.50.  

I like AVL simply because there was lots of money raised when on the TMX composite and advanced their projects.  This would not of occured elsewise in my opinion or to the extent. 

With all that said, 50 cents is a high possibility for acheivement but would need somthing spectacular for this to get to the high range of 2.50.  The shares outstanding of around 350 million plus is to huge and would need to be an active mine project with revenue for this into the 1$ plus range.  
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