AVZ 0.00% 78.0¢ avz minerals limited

Time to top-up, page-5

  1. 2,166 Posts.
    lightbulb Created with Sketch. 5800
    The second AVZ details some realistic plan to production (JV or whatever), AVZ will rerate significantly.

    Tiny correction.  Going off a previous announcement where holes 1 and 2 (2017 ones) were analysed, the average grade for AVZ was actually 1.66% LiO2.  Tin is also found to be homogenously distributed with a grade of 0.1%.  So from the production of each tonne of 6% LiO2 concentrate product, AVZ revenue would likely be $900 from the concentrate and another $100+ from the tin.  

    Furthermore, AJM production costs were 70% local on site (30% mining + 40% processing) with transportation/port cost of just 12% ($39) in their DFS (AVZ trucks their 6% concentrate to port over a distance of about 125km one way) .  This makes me confident, that AVZ can overcome the transportation costs.
 
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Currently unlisted public company.

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