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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 bluemoon888on May 05, 2021 1:02pm
321 Views
Post# 33132853

not a good investment

not a good investment Market cap is way too high for this one. There are better REE plays out there like API or IPG, whose projects have a chance of becoming REAL. AVL is just playing with share holder dreams, not having a project that can succeed. Separation Rapid is maybe the only one that could have solid economics. But forget about Nechalacho that has completely wrong mineralization and discontinuity. Their tin project is nice for idealists but economically not worth mentioning. Add the steady dilution and you will see that the current price is way too high for what AVL offers. jmho  
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