AVZ 0.00% 78.0¢ avz minerals limited

Ann: Manono Project Update, page-122

  1. 34,336 Posts.
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    The budget for the road infrastructure was US$300m, and further US$45m for hydro power plant, two JV partners (30% and 10%) are responsible for funding.

    ML, estimated total capex including infrastructures are around US$650m, so capex for AVZ, would be around US$305m for 4mtpa. This is far early stage to be able to estimate accurately, imo.

    Dathomir owns 10% of Manono project, and also holds 240m AVZ shares.
    Last edited by 8horse: 20/11/17
 
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