Size is not that important when you can't ship a significant amount out. This is a highly homogeneous deposit so an increase in confidence to the proved and probable category was a no brainer.
The real issue is how much can be shipped out and sold. If its <5mtpa then its not going to be disruptive enough to effect the market and the likes of other ASX listers like PLS etc. If on the other hand it can ship >10mtpa then that's a game changer.
AVZ Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held