AZS azure minerals limited

Banter and general comments, page-1106

  1. 612 Posts.
    lightbulb Created with Sketch. 284
    Likely value of AVS per share on possible MRE:

    100Mt @ 1.3% Li2O = $2.16
    150Mt @ 1.3% Li2O = $3.24
    200Mt @ 1.3% Li2O = $4.22
    300Mt @ 1.3% Li2O = $6.48

    Based on a recovery rate of 75% producing SC6
    SC6 price of $4000 AUD x 2.5% = in ground value ($100 per ton SC6)
    SOI increased to 450m
    60% AZS interest

    Just need to continue to find the tons with grade, until then pick a number?


 
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