AVZ 0.00% 78.0¢ avz minerals limited

If someone told me, page-29

  1. 597 Posts.
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    If the 'convenient' posting of factual evidence and where to verify it is because of 'an agenda shown on other media platforms as the [t]rolling and hate levels for AVZ has increased', then I think ignoring these sorts of claims is just as, if not worse. Ignoring or not trying to make sense of and addressing the potential issues and their potential implications isn't much different.

    At the time of the acquisition, I assumed, like I think all others on this forum that AVZ had the rights to the tailings, a few made note that the tailings could be processed quickly with more modern techniques/equipment for earlier cash flow amongst other benefits.

    You claim that that this issue has been evident since March 2017, yet the first instance I can see of this issue becoming evident here on HC (reference to the specific licence number containing rights to the tailings), was by myself less than 48hrs ago (using advanced search for all posts using that specific number, it gave just two in the past 14 months, both on AVZ, us).

    When I look at that map, it shows that the waste dumps (tailings piles) are right beside the pegmatites, as can be referenced on satellite imagery. Based off the cross sections shown from drilling, they extend underground in a south-southeasterly direction, the direction of the tailings piles. Assuming they don't impact access to drilling this year and beyond, to open pit mine I assume will require plenty of tailings to be moved for a large pit to occur. Doing some rough measurements on google maps, there is a substantial amount of material contained in them.

    The current drilling is encroaching on a smaller pile of tailings, it appears to be around 100,000m^3 of material using some rough numbers. There are quite s few areas along strike of much bigger piles, although there are some significant gaps between some of them. Hole 009 is under 400m from a large pile of tailings that will interfere if drilling continues in that direction far enough. I feel that these may impact drilling more than people here have given consideration and therefore the potential resource to be proven as some of these piles are 300-400+m long, parallel to strike, and some even longer perpendicular.


    I think it is clear I raised a point that no one here was either aware of or had discussed previously and that it is something that may need to be addressed at some point. Yet no one bothered to acknowledge it, probably because no-one here knew about it, you also replayed the same story everyone here does, as to why things will be alright because of others, not the actual plan of how they will be making progress on all that needs to be accomplished. My comment may have come across a little facetious in hindsight (not my intention), but I see it being a serious issue here for readers that the group of people here only appear to comment on the same old story. I can't remember there being any serious discussion on anything that could impact the project negatively, in a long time. I think it is fair to say it comes with some risks, yet everything seems to either get brushed to the side or have an answer that someone else will fix it within a year.

    I've come to the conclusion that there isn't much point discussing any of the potential issues here at the moment to try and help myself and others be more aware and more informed of them, good luck to all.
    Last edited by dunny29: 11/04/18
 
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