Running discussion on SP, page-11617

Interesting info from the company info ..............

"AVZ is currently funded to complete the Feasibility Study"

"What are your key goals for the next 3, 6 and 12 months?
3 Months:

Completion of the scoping study.
Commencement of the Feasibility Study.
6 Months:

Cornerstone Investor to finance the project to production.
Offtake arrangements.
Continue to increase the Resource of the Manono Lithium Project.

Finalise the logistics for the Manono Lithium Project.
12 Months:
Completion of the Feasibility Study."

By the end of this month we will get the cashflow statement showing around $10m in the kitty, with a spend (assuming the 8,000m further drill program announced) that could eat up another $5-$6m cash, leaving ~$4m by end of December.

IMHO AVZ is NOT funded to completion of feasibility study, if it is to be completed with a 12 month time frame (as above).  More funding to complete the feasibility is becoming very obvious, for those willing to look ahead.