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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 28, 2021 11:16pm
293 Views
Post# 32417409

RE:RE:Environmental sustainability while maintaining profitability

RE:RE:Environmental sustainability while maintaining profitabilitySH: It would be remiss of me not to mention your stock has had a very nice bump over the last six months…nearly tripling in value since early August. What can you tell our investor audience regarding the current valuation of your stock and why you think it’s still a good buy right now?

DB: It's been getting some traction because of the interest generally in the whole critical minerals space, especially rare earths and lithium. Because we've been in this space for 25 years now, believe it or not, we're well-known as one of the main players in this space. And even though we haven't had a lot of news flow, people are anticipating news before long. I think it's a good time for investors to look at our company because a lot of our peers in the lithium space now have achieved higher valuations than where we're standing right now, including our friends at Rock Tech, who have seen their stock’s value climb quite dramatically in the last little while - up to over $300 million, with Avalon sitting at a little over $50 million. So, we've got quite a bit of upside still to be realized, I think.
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