Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s): AVLNF

Metals & Mining Industrial Metals & Minerals

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

Avalon Advanced Materials Inc > 62.5 million metric tons (~ value over 12 billion)

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Comment by toppgunnon Feb 23, 2021 5:38pm

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Post# 32642705

RE:RE:62.5 million metric tons (~ value over 12 billion)

nick1969
Agree, not worth 12 billion as that would be the dumbest tradeoff that company made with AVL. It is more like the price of 16 million and slightly higher as bought price. With that said, definite upside but will need to deveopment to show higher value.

AVL may have more upside with the Lithium buzz at the moment in my opinion. I still have trouble with Rock Tech Lithium valued at 250 -350 million where AVL is less than 100 million in this current environemnt. Tells me AVL share price can still increase.

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