AEV 0.00% 0.9¢ avenira limited

Ann: Avenira receives Mining Authorisation for DSO operations, page-36

  1. 285 Posts.
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    Great listen Barry81. Thank you.

    • MMP approval - brilliant!!!!

    • Open cut mining. Total pit depth approx. 20 metres.

    • Trial shipments trucked to port - at competitive rate.

    • 50kt per month of Saleable Ore Product moved by rail - in negotiations with rail operator.

    • DSO project for approx. 2 years - but could be extended???

    • Plans to build a Yellow Phosphorous Metal Plant at Wonarah - ore exported for LFP cathode process.

    • Direct Application Phosphate used as fertiliser for our farmers.

    • OTA - more than one in both Oz and Asia.

    Three significant announcements in quick succession from AEV!

    Good God, I'm starting to think they can/will make it! Digging starts 1st quarter 2024 - not long!

    And yet people are still vigorously selling at this low low price. I wonder if the ever-keen sellers at 1.1c and 1.2c will look back on their decisions with regret. With what's now happening and considering the potential revenue it will generate, I'd say anything under 5c is looking dirt cheap.

    Well done Brett Clark and Board - terrific effort! This is starting to look real and exciting!

    IF they can stick to their planned date to start mining, then IMO it's game on!

    Lastly, great also to see the NT Govt. well and truly backing our company and pushing todays fantastic news!

    Bring on the BOA and financials.
 
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