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choCWolf

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19/07/19

11:59

Post #: 39599011
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Originally posted by anatol ↑

Guys, I really wish you best luck with AVZ. I hope it could have been mined and the world markets would have more and cheap lithium to reduce those carbon emissions. Believe me I am not wishing that Manono wouldn't be mined. I hope you could make money in it. I am only saying my opinions. It's not up to me, it's your call to stay in there. it has very high risk. Why to take that much riks. See the world majors are all interested in the resources in Australia and other safe regions. It's not only country risk holding back the world majors to buy and develop the Manono resource. It's also the cost of bringing the spod concentrate to the ports and refine it. It's the energy cost, it's the infrastructure, it's the setup the plant, the commissioning cots, the maintenance costs. MLL (Ex-BGS) has the same problem. It has very good resource but its sp is low too. It's not only AVZ's problem.

Also, the lithium business is new, needs very highly skilled people. Even the Australian lithium producers having a lot of problems with their processing plants and about solving them.

It's not only me does not count the Manono resource in their peers comparisons.

See the Peer comparison table from Mineral Resources published on Oct 25 2018 (just recent one). MIN also does not count on Manono resource.

It's your call. You can't change the destiny of AVZ by making personal attacks to me.

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And Atlas Iron had a sheet load of 58% grade Fe and how did they go? Maybe AVZ can sell some spod to PLS and MRL so they can blend and compete in the future high grade Li market

AVZ Price at posting: 4.6¢ Sentiment: Hold Disclosure: Held
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Running discussion on SP, page-21337

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ASX hits all time high out the gate on Friday trades following bullish US inflation data

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Immutep reports strong response rate from immunotherapies treating carcinomas

Almonty locks in govt agreement for tungsten oxide plant in South Korea

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Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

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