AEV 11.1% 1.0¢ avenira limited

Ann: Wonarah Project Update, page-50

  1. 6,068 Posts.
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    Ammaroo had 32Mt was taken over for 3.2 cents, AEV has the largest premium grade phosphate resource (15% P2O5 cutoff) in Australia:

    • Measured Resource of 64.9 Mt @ 22.4% P2O5
    • Indicated Resource of 133 Mt @ 21.1% P2O5
    • Inferred Resource of 352 Mt @ 21% P2O5

    AEV could be worth at least 12 cents given the Phosphate price has doubled, any comments
 
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