Avalon Advanced Materials Inc T.AVL

Q3 is complete. Either we signed with METSO or we didn't

[smootjones]

I'm not feeling to confident right now. I hope I'm wrong but I don't think they finalized the deal.

[Jack1978]

I'm with you on that assumption smoothjones!

[ausinger]

Is this because the sp has dropped?  sp on all the junior lithium stocks I've been following has dropped, probably because the lithium carbonate market has been dropping for the past two months or so (https://tradingeconomics.com/commodity/lithium).   Alex

[KIMAUI]

Other than them being a day late - any other backing to this, or just nerves?  This is a massive multi million dollar deal so if they are late a bit, I am sure it is for a valid reason. If anything the 20% increase would be more of a reason to be confident this is happening. I was honestly expecting this - 2 big international backers on the first mid tier lithium refinery plant in ontario

[smootjones]

Just nerves I guess. 

[Jack1978]

Well both Doug Ford (housing fiasco)and Justin Trudeau (polls)have found themselves in some hot water recently and I think the both of them will tread very lightly for the foreseeable future so in my opinion government backing is off the table.............. FOR NOW 

[KIMAUI]

True- Catch 22 , They both have made very large commtments about supporting critical minerals as well, so I would hope they see it as a "damned if I don't". Hopefully they had govt commitment before the greebelt disaster