Avalon Advanced Materials Inc T.AVL

roll back is coming

[elitespooner]

Don Bubar's Avalon Advanced Materials Inc. (AVL) lost two cents to 27 cents on 2.58 million shares. Mr. Bubar, president and CEO, is cheering word that Sustainalytics has rated the company's handling of environmental, social and governance (ESG) risks in the "top 5 per cent of 150 industry companies analyzed globally." Mr. Bubar and his crew were "pleased to be formally recognized as a leader in ESG performance," adding that this will be an asset in attracting capital and customers for developing Avalon's projects.

Avalon can use all the help it can get in that regard. Its Nechalacho rare earth project in the Northwest Territories has been stalled for eight years since a feasibility study pegged its capital cost at $1.6-billion. A preliminary economic assessment of its Separation Rapids lithium project near Kenora, completed in 2018, put its capital cost at just under $80-million, while a three-year-old dream sheet for the East Kemptville tin project in Nova Scotia proposed a $32-million mine.

[Nick1969]

elitespooner Roll back and then what? more dilution again over the years?  The amount of capital required to make AVL a producer is very big.. What do you see happening ?

[toppgunn]

My view on a rollback is opportunity for better financing.  It defeats the purpose of financing at .18 to get 3 million dollars as per AVL's last placement recently.  My experience is companies can get off their feet significantly with a rollback then finance alot higher then grow the company if have a business plan.  I'm still targeting .35 to .50 at present share setup

[arcoe1]

For a shareholder to be campaigning for a share consolidation is nothing short of asinine. You don't know what you are talking about. Get a clue.

[whitebeltdann]

100% agree

[elitespooner]

its enivitable. Will look forward to the income stream from the royalties and income generated from ON, time to clean up the books, raise capital in the form of debt and get to builing.

[Cartmanbrah]

Does anyone else see such a possibilty lying ahead that AVL merges with some other company such as Vital Metal or RCK. Could for example IPG take part in such deals too? Wouldn't that sound like a match between the owners and the doers? Wouldn' deals like these briing in the much needed money?

[jwrent]

NEO is soaring. AVL in languishing.

[Adaveuno]

actually NEO is up 3x from a year ago and AVL is up 8x, but good try... Not