Hey Guys,
I've been looking at Avalon and wondering why it's priced so cheaply compared to its peers? Is it because of the deposit's remote location? Or are there other factors? Seems like this company is a steal at these prices. What am I missing?
Whereas other companys like Molycorp are valued between $500 to $1800 / tonne, Avalon is valued at $94 / tonne according to their presentation on Sept 17. What's the deal? Seems like there should be tremendous upside from these levels.
I would appreciate any insight you might have on this matter.
Thanks.