Ann: World-Class Lithium Intersections Continue at Andover, page-53

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Ragshak

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23/12/23

18:24

Post #: 71605289
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Originally posted by eastwest101: ↑

Just fed the revised numbers in - a lot of results from AP11 & AP12 in particular though a sprinkling from some other places like AP015. The fat parts of AP010 and AP011 allowed me to be less conservative about volumes and all the other smaller supporting Pegs picked up volume as well.

Went through this after each major drilling announcement so ended up being a pretty big ugly model and spreadsheet but made it to approx 197Mt at 1.2% Li2O (extract/punchline screenshot below), comments relate to my calculations in that particular monthof 2023, not official or necessarliy super accuarte estmates but with the number of rigs and metres drilled in combination to some more infill drilling its not a surprising growth in volume of mineralisation as they have drilled this year:

I think my numbers have come in under @WowVeryJosh numbers but in the same ballpark and he pays more attention to details and less assumptions than mine so will be interesting to see if he comes back with any new numbers.

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197mt. This is only taking into account the intercepts with assays right? Looks like we can easily exceed the upper level estimate with further drilling, question is by how much? $2.70 looking really cheap, don't ya agree Chris?

Last edited by Ragshak: 23/12/23

AZS Price at posting: $3.74 Sentiment: None Disclosure: Held
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0 Great analysis

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