AVZ 0.00% 78.0¢ avz minerals limited

Ann: High-grade intercepts from first resource drill holes, page-200

  1. 300 Posts.
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    Here's an inferred resource guesstimate (non-JORC) while you are waiting Scarpa...

    Based on 100m x 100m spaced program of 60 holes (4 holes per section x 15 sections) ->

    400m depth x 1500m strike x 200m width x 2.8 SG =>

    336Mt @ 1.8% Li2O for 5.4Mt Li2O or 13.5Mt lithium carbonate

    NB// 60% AVZ-attributable = 3.3Mt Li2O or 8.2Mt lithium carbonate (in the DRC!!!!)

    PS// For comparison, KDR has a 50% share in 189Mt @ 1.5% Li2O at Earl Grey (3.5Mt lithium carbonate in Australia) with offtake and a current market CAP of $700M.

    PPS// The world already has around 10,000 years of lithium available based on current demand levels

    Pangea
 
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