I'd also like to think that the OFS will have better numbers since the whole point of merging with TMT was to have a stronger portfolio. The updated MRE in May this year indicating a "39% increase in high grade measured and indicated mineral resource" should give us hope AVL will be able to produce a more compelling case this time.
from AVL website: "The Company is currently undertaking an Optimised Feasibility Study (OFS) focused on realising the potential economic benefits of the integrated project, which will be informed by preceding trade-off studies to determine the preferred project development pathway, mine scheduling and processing plant location. The aim of the OFS is to improve on previous economic and technical metrics."
AVL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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