AVZ run to 50, page-141

Some figures and reserves to think about.
PLS , AJM , MIN Wodgina ,KDR Earl Grey ./measured, indicated and inferred resource

1. PLS Pilbara 156.3MT@ 1.25% Li 2O
2. AJM [email protected]% Li 2O current ore reserve estimate.
3. MIN Wodgina 120.8 [email protected]% Li2O
4. KDR Earl Grey 128.0 MT@ 1.44% Li2O
TOTAL 436.0 MT @ Less than 1.45% Li 2O


5. AVZ Manono maybe 50c is not that stretched.

Posted this earlier today.

BUT next 6 drilling results are spread across 10klms and if they are consistent at 1.75%LI2O or above then the potential of 400 to 800 MT becomes a reality and 50c depends on what exit price Klaus is looking at?

Considering the below... many thanks Mineralised for your research.

“In these studies, Manono pegmatite is conventionally considered as a multi-branched dyke or laccolite, extending 14 km along a NE-SW axis (in agreement with the direction of the host micachists) and presenting in its middle a hiatus of 2.5 km. The width of this body varies from 50 to 800 m, with an average of 400 m. The SW (Kitotolo) area has an area of 1,350,000 m2 while that of the NE part (Manono) is 1,200,000 m2.”

These dimensions are enormous. If you assume a depth of just 50m, noting that it has been drill tested to 100m ending in mineralisation, you get a volume of 127.5m3 of volume, multiple by 2.8 and that’s 357MT of ore assuming spodumene mineralisation throughout. And that number doubles for every 50m of depth and consistent thickness proven. Obviously just an exercise in big numbers but the site has huge scale.