hmmmm… That’s only an ore reserve estimate, dated August 2022, and has a big ‘cautionary statement’ attached Lewis.
Furthermore the expectations of a TMT development decision by the end of 2022 were empty.
I won’t feel confident about those numbers until they are definitely confirmed.
As far as the AVL graphic goes… that mine life was definitely based on the expectation of reprocessing inferred resource from waste stock piles from year 16, and the ‘conclusive’ view was actually 20 to 25 years.
AVL Price at posting:
1.6¢ Sentiment: None Disclosure: Held
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