Ann: AVL to Test Mineral Recovery Process, page-2

I am surprised no-one has commented on this. It could potentially be a vital announcement in the process of getting **by to market. One of the biggest problems with V is the Capex required to get a resource up and running. If V takes off these will end up getting funded expensive or not as the supply chain will be so squeezed from lack of investment that it will make it worthwhile.

However if this process can reduce Capex required to get the project going and also give high recovery rates of both V and Ti then this could be critical. I suspect the results of these tests will feed into the feasibility study later in the year and if it reduces both capex and opex we might just have a handy NPV on our hands.

I personally think the lithium and the contention around resource and performance shares is a side show. **by will be the make or break for AVL and this might be one important step in the right direction.