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78.0¢ avz minerals limited

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Miljew123

937 Posts.

1123

17/11/21

09:36

Post #: 57630248
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Originally posted by donegaldemon: ↑

AVZ and CATH have also agreed to evaluate and progress a study to increase annual production, expanding Dense Media Separation ,DMS” production capacity from a 4.5Mtpa throughput producing approximately 0.7 million tonnes of SC6, as contemplated by the Definitive Feasibility Study dated April 2020 ,“DFS”, to a 10Mtpa DMS throughput producing approximately 1.6 million tonnes of SC6 ,“Expansion Scenario”. These studies were commenced in early September and are expected to be significantly progressed by AVZ by end of December 2021.

The above is from the announcement on the 29th , he stated in the video that the study would probably now be released early next year , unless they throw out some figures of what the economics would be on a 10 MTPA scenario ? maybe im getting mixed up ?

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The study i think your refering to being pushed back to next year is the hydroxide studies not the 10mtpa scenario.

AVZ Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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