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Bullboard - Stock Discussion Forum 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... see more

TSX:AVL - Post Discussion

Avalon Advanced Materials Inc > 62.5 million metric tons (~ value over 12 billion)
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Post by mdsharif532 on Feb 22, 2021 10:25pm

62.5 million metric tons (~ value over 12 billion)

Geology of the Cargill Phosphate Deposit In Northern Ontario

CIM Bulletin, Vol. 70, No. 777, 1977

P. O. Sandvik and George Erdosh, International Minerals & Chemical Corporation, Libertyville, Illinois

 

The Cargill phosphate deposit, located 32 kilometers southwest of Kapuskasing, Ontario, was discovered by the Resource Development Group of International Minerals & Chemical Corporation in 1975 and has been evaluated through an extensive program of 190 drill holes, numerous chemical analyses, metallurgical tests, and engineering and economic studies. The Cargill alkalic complex, comprising principally carbonatite and pyroxenite-amphibolite rocks, was intruded into the rift system, of the Kapuskasing High during late Precambrian time about 1,800 million years ago, near the intersection of northeast- and northwest-trending faults. The Cargill complex is one of at least ten known alkalic complexes in or close to the Kapuskasing magnetic-gravity-high system and is expressed by an elongated, northeast-oriented, three-part magnetic anomaly 7.2 kilometers long by 2.3 kilometers wide. Weathering and leaching under assumed temperate to cool, moist climatic conditions, and controlled by faulting, shearing and/or initial petro-graphic variations within the carbonatite, developed a small, locally confined karst system in the carbonatite rocks and resulted in a thick enriched leached carbonatite zone, capped by troughs and sinks, filled with a residuum, of apatite, goethite, clay and other minerals stable in the near-surface, oxidizing environment. Overburden is 5 to IfiS meters thick. Residuum ranges from zero thickness on ridges to more than 170 meters thick in troughs and sinks. Fresh carbonatite contains 5-15%, leached carbonatite 20-40% and residuum 20-98% apatite. Rare earths are present and show local concentration in a thin crandallite-rich blanket which occurs discontinuously at the top of residuum in some of the deeper areas. Vermiculite, columbium-bearing minerals, clay minerals and quartz sand are present in quantities that suggest the possibility of commercial development. Uranium is absent or occurs only in very minor amounts. A tentative open-pit mine, designed for preliminary feasibility studies, is estimated to contain a probable phosphate-bearing deposit of 62.5 million metric tons at an average grade of 19.6 per cent P2O5.

source: https://store.cim.org/en/geology-of-the-cargill-phosphate-deposit-in-northern-ontario
Comment by Nick1969 on Feb 23, 2021 11:16am
mdsharif532 So..the company that owned this mine that has a future value of 12 billion  sold it for 16 million ? For some cash and mostly -probably- shares of AVL? That sounds like a ''good deal''..
Comment by Lehighgulch on Feb 23, 2021 11:31am
It could be a good deal.  Now management needs to invest in IR, consider if they are faced with a roll back, a push the stock to 50 cents before next raise.  Road time, visiting brokers, hitting investmenbt conferences etc. at least 10% needs to go to IR and moving share price ahead by getting the stoty out there.  Let's watch and see what management does next.
Comment by toppgunn on Feb 23, 2021 3:02pm
Agree, funding and financing are going to be the biggest hurdles going forward.  The around 400 million shares outstanding with all the options, warrants etc may need to be cut in half or quartered going forward.  Need financing at a higher share price or this is a continual dilution.   A positive this stock finally got above .25 cents as below is very risky for any investor.& ...more  
Comment by mdsharif532 on Feb 23, 2021 4:29pm
Hope we will hear some positive news on February 25, 2021 (Annual and Special Meeting of Shareholders)
Comment by mdsharif532 on Feb 23, 2021 4:42pm
you are right. we are all waiting for the news and I beliebe that we will not see this low price (below 1 dollar) anymore in our life time.
Comment by Ramore1 on Feb 23, 2021 11:32am
They also got  85,000 square foot plant  permitted and rebuilt in Matheson.
Comment by toppgunn on Feb 23, 2021 5:38pm
nick1969 Agree, not worth 12 billion as that would be the dumbest tradeoff  that company made with AVL.  It is more like the price of 16 million and slightly higher as bought price.  With that said, definite upside but will need to deveopment to show higher value.  AVL may have more upside with the Lithium buzz at the moment in my opinion.  I still have trouble with Rock ...more  
Comment by Nick1969 on Feb 23, 2021 7:06pm
toppgunn  Don't forget the cleanup tag . I read somewhere in the $21 million range. Also Rock Tech has 48 million shares outstanding and has shown some serious efforts to get things up and going with their research , patented lithium production technology ,proposed plant and European connections. AVL unfortunately has done nothing but sit idle and dilute share value all these years. I m ...more  
Comment by Ramore1 on Feb 24, 2021 8:11am
Rock Tech will require years to get a permitted plant. Matheson was easily gringing 30 tons per hour for the fertilizers and making lots. Replacement cost Matheson Huge.
Comment by elitespooner on Feb 25, 2021 8:45am
Who are the buyers ? out of curiosity
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