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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Metals & Mining Industrial Metals & Minerals
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

Avalon Advanced Materials Inc > inpatient.
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Comment by Nick1969on Sep 11, 2023 3:47pm
209 Views
Post# 35630043

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:inpatient.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:inpatient. My info tells me that there is no talk of a stock consolidation  in the company at this point. 
The  expectation is that once the FEDS  kick the money in for the plant , that alone will push the SP at $1 or more . Then the profits from the refining which are estimated at well over  1b$   annually the first few years , will take care of the large number of shares.
Also don't forget that very likely some kind of production will start as soon as this year or early 2024  for petalite for the glass industry.
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