Xmas Again?

AVZ might go for another run


AVZ may present an attractive medium term investment case for those who have exposure in Australian lithium miners to hedge against:

• Worsening trade relationships between Australian and China
  
• Unanticipated supply side expansion
  

Observations

• Market seems to beginning to price in near term catalysts (FID, FCI, Financiers..etc)
  
• Proposed African expansion plans unlikely to alleviate current tightness in the spodumene market in the near term
  
• Near term expansion in supply to come from Australian miners
  

Risks

• DRC risk
  
• Transportation & project execution risk