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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 arcoe1on Mar 31, 2021 2:39am
311 Views
Post# 32912056

RE:RE:RE:RE:Good news for Nechalacho project development?

RE:RE:RE:RE:Good news for Nechalacho project development?I agree that another dust-up between China and the west would certainly build a fire under rare earth, lithium and other critical mineral prices. However, I also believe that the fuse on these prices has already been lit. It is now just a matter of time and Avalon, being the 'grandaddy' of all rare earth companies will reap the rewards long overdue.
Share consolidations are just 'smoke and mirror' moves of desperation made by companies that have no real future and thus no alternative path to a higher share price. Avalon's share price on the other hand is in no way representative of the true value of it's proven assets and thus will move dramtically higher when market conditions improve. As such I don't see CEO Bubar being stupid enough to consider a share consolidation at this time and at these prices, perhaps later on after the share price has risen to more respectable levels and reflects true market valuations.
Even as I have stated I don't see a share consolidation in our near future, considering that Avalon is actually several distinct entities trading under one symbol, I would not be surprised to see one or more of these assets spun off under their own trading symbol or symbols. 
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