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corlemar

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16/07/19

15:39

Post #: 39545107
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Originally posted by Deboss: ↑

I guess our Managing Director has just answered most of the questions posed on these threads recently

The important take-aways for me from this interview are:

24 months for the plant to be up and operational

Positive cashflow

Low capex costs

High grade quality lithium concentrate

13 tons of samples being met tested

Dewatering of the pit is underway and we should be able to access the pit in 3 or 4 months

Finalisation of DFS to put this into production

Geology unparalleled……….’massive homogenous with very few impurities’……… +6% concentrate with very low deleterious elements such as phosphorous fluorine and iron. In Nigel’s words “The deposit is nature’s gift”

Project will pay itself back in 3 years………….very strong financial numbers

Many finance options and Nigel believes $165million finance should be sorted out very easily

European funds and Chinese funding road upgrades to get product to railways

More demand for lithium than people realise and the 24 months timing to AVZ being operational could ultimately coincide with resurging lithium prices

IMO, this is all extremely positive news for current and prospective investors. Regardless of anyone’s original buy-in price or current average, I believe the main factor that will determine a successful financial return on your investment in AVZ is patience.

I trust that Nigel has everything under control to move us forward and into production

All IMO & DYOR

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good find @qball and additional comments by @Deboss

at current prices this is an absolute gift - i'm doubling down. More confident at this stage and shareprice than i was at 8c, 12c, 20c etc...

good news could drop at anytime !!!
AVZ Price at posting: 5.0¢ Sentiment: Buy Disclosure: Held
11 Upvote

0 Great analysis

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Running discussion on SP, page-21119

Top Stories

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

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