AVL’s FE Ti Co probably is like 55fe with some titanium credit. FMG have one mine which is 56fe and they get 30% discount to the 62fe price.
the $2.40 credit AVL have in their BFS is worth close to zero and requires a very specific customer for offtake.
Dont worry about the haulage costs when the product it’s carrying is not worth much due to the heavy discounting.
My other question is where is the offtakes for A the V205 component and B the Fe Ti Co Product component?
AVL would be better producing samples for offtake at 99.5% V205 purity which commands a 30% premium of the published 98% V205 product. 99+ is worth $10.50 per pound currently.
They are just the hard facts as I see it.
AVL Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held
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