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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 Mar 05, 2023 12:58pm
197 Views
Post# 35320012

RE:Don stepping down. Step in the right direction.

RE:Don stepping down. Step in the right direction. Hopefully, the management group will consolidate the shares e.g., 10 for 1 or even 50 to 1.   This would be the biggest positive.  Then do a share financing to get this company moving in a positive direction.  It is no win situation continually financing somewhere between .10 to .20 yearly and growing the shares outstanding another 50 million a year.  This company is going nowhere as it nears 450 million shares outstanding and trading below .15 cents.  As a speculator viewpoing, see many positives if the management group can right side the ship.  
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