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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 toppgunnon Jan 09, 2021 4:43pm
331 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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