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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 Cartmanbrahon Aug 04, 2023 3:45am
380 Views
Post# 35572614

About AVL market cap and valuation

About AVL market cap and valuationNow with the news of 1) Sibelco, 2) Thunder Bay land purchase and the 3) (looming) real deal with Metso I’d claim that AVL has delivered on its promise and is now way ahead of all potential lithium producers in Canada. Why is it that AVL’s market cap is still 84,00M, that is almost 5 times smaller than for example that of Frontier Lithium (V.FL) I wonder what piece of news is enough to make this stock more valued?

It looks all good all right now, but having waited since 2016 it really starts seeming that this stock is for waiters.
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