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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 Feb 03, 2022 7:08pm
212 Views
Post# 34395392

RE:RE:RE:RE:Questions on CEO pay

RE:RE:RE:RE:Questions on CEO payEventually, what may happen is it may become almost impossible to get financing and hence Bubar may be forced out in that regard.  Is there many companies lined up to finance at  .10 to .15 when AVL has 411 million shares outstanding?  A rights offering from shareholders is possible but not sure many would want to partake with no revenue source.  The track record speaks for itself of nothing produced over the last 25 years. There are glossy presentations but a lot of it is copy and paste from previous quarters.  For disclosure have a small chunk remaining at .12 as held for speculatoin but now most likely bail out of this at .15 cents as just don't see this being a creditble hold going forward with the massive shares outstanding.  Then wait for the reverse split and/or new management.  GLTA.   
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