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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 KIMAUIon Mar 10, 2023 3:34pm
313 Views
Post# 35331526

new interview - pre PDAC just posted

new interview - pre PDAC just postedhttps://www.youtube.com/watch?v=KvCazwBdJ-4

He mentioned that Zeeshan is in talks with LGES and "major international ceramic manufacturer". Obviously strategic to have him lead that front. However, this isn't the first time that this time frame was mentioned (3-4 weeks from now). I also think rickardo gave that timeline (or close) around getting back samples? I'm not pumping - I truly believe something is up here. I assume that there is something tied to sample quality in terms of finance support and backing the refinery - probably from multiple sources. Private will chip in if samples are good, government will chip in if private does, bank will loan the rest if all plays out. I also think that the Tbay property is conditional on them getting this financial backing. When it comes it would/could be a double or triple whammy for this stock. Only benefit of having Don speak at this point is that he might slip and give out more news than he intends to. He's a legend, but should watch his legacy unfold from the sidelines. Like I said, first to market is very important as others are also hustling to get similar deals done.
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