Avalon Advanced Materials Inc T.AVL

Great news.

[garmin1]

Awful overall market though, lots of red everywhere, including lithium equities. Fed is brake checking these markets awfully hard. But governments will continue to be very very accommodative to this sector. 
According to the writing on the wall I'm seeing, I suspect the ESSAR joint venture deal is dead, this will be 100% Avalon for the time being.
Yesterday's MOU will become a definitive agreement within 6 weeks with the big fish battery company that is LG. It covers only 50% of the planned output of proposed refinery, which is good, the other 50% somewhere else, not all eggs in one basket.
Speaking of the proposed refinery acquisition, that pending news should be right around the corner, I do believe that will dovetail nearly to a 10. On-site rail, marine loading, fossil free electrical grid and more, I do believe.

[garmin1]

I would also suggest to the CEO to totally separate the lithium from the other assets and make a more pure play lithium stock.

[Nick1969]

Garmin1 :  that is a very BIG possibility ...Very probable ..

[SkeeBum88]

What leads you to believe the ESSAR partnership is done?

[garmin1]

In interviews Bubar has expressed that it has been  slow making any progress with them. All these months since the J/V was announced and nothing since. I say no big loss, actually a plus, the sands are shifting quickly, the frenzy for lithium is becoming entrenched, I say any J/V that was loosely inked last spring, which has since gone stale, needs to be re-evaluated if J/V is even needed for

[SimonM]

I had a 1:1 with Don approximately 3 weeks ago. He told me that he does not believe anymore that Essar wants to have the deal. They were dragging their feet... in a position AVL is currently, knowing what their assets are and the interest of the market / shortage in supply, they could choose their partners. I believe it is not only better from an experience point of view to have a deal with LG but

[Nick1969]

It might not be as soon or as smooth or as straight forward ( upward) as some of us would like or expect , BUT  yes the time is near for AVL to become the premier lithium and REE company in Canada. Patience  will pay off. In the meantime  some money can be made here and there.