AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-57835

  1. 3,570 Posts.
    lightbulb Created with Sketch. 1253
    Ok so some quick back of envelope gross figures:

    Plannned initial production of 5MT pa at 1.65% and a long term avg price of $1000 per tonne = $82.5 million dollars gross pa.

    JORC resource of 400MT at 1.65% = $6.6 billion dollars gross
    JORC proved and porbable reserve of 132MT = $2.178 billion extra in ground (potentially)

    https://static1.squarespace.com/static/5934d2ae6b8f5beeb5ba23f3/t/61962691b14d634e6f04f21c/1637230273796/AGM Presentation 18112021.pdf


    Then there is tin at USD $38000  per tonne
    https://tradingeconomics.com/commodity/tin

    Tantalum at USD $158,000 per tonne
    https://www.statista.com/statistics/1009173/tantalum-price/

    Hydroxide currently priced at USD $29,000 per tonne
    https://www.lme.com/Metals/EV/Lithium-prices

    Huge numbers for a project whose resource should triple in size once further drilled and JORC'd down the track..
    Last edited by Roostar: 23/11/21
 
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