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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 electricaron Oct 22, 2022 12:15pm
417 Views
Post# 35041004

Years

YearsRight now they own dirt because that's all its good for if you can't extract the minerals and building a plant will take AVL years to have it up and running with all the infrastructure in place and now let's talk money because they'll need $150Mil and with interest rates rising it's getting more expensive and with the recession in sight it'll be hard finding that much money so this should have been done by now before even thinking of signing contracts for product and with the shares at 400Mil already dilution will bring the shares up at least another 100Mil or more so now you have huge debt so you had better be processing all you can so we are years away and a lot can go wrong in these years.

 

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