RE:not a good investment Agree with your comments. The recent financing at .18 for 3 million back in early part of this year and now below at .16. Not a good sign. Additional money will need to be raised and more dilution required. Bubar and company will have their hands out soon for more financing.
As mentioned many times the company needs to rollback 10 to 1 or something similar and refinance this company to move forward. The real problem exists is management has money at higher levels and will loose out on their return. With that said, may not have much choice if require more money as probably exchausted all avenues.
This company appears to be at the stage where they can only sell off properties to other companies who have the money to finance these projects. It would not surprise me going forward that Rock Tech Lithium or a similar Lithium company puts in a bid to buy AVL lithium project. AVL certainly does not have the money to develop and may unlikely get money to finance this project.
All and all .16 is not looking good - could be back at .10 cents soon.