As per largo it seems AVL is chasing the premium markets in the V205 market which can be up $2 per pound higher than the standard min 98% steel market price.
The higher % over min 98% spot the larger the premium.
Basically then when calculating NPV the premium applied will make a critical difference.
Question is what is the then Opex cost to go the extra 0.5% over the previous target 99.4% target??
All looking good.
Next step will be what is the extended mine life and mineral resource for Yarrabubba??
The TMT numbers were good outside the access issues.
The AVL+ numbers could be outstanding with the combined Yarrabubba resource with no re handling of ore.
Largos high purity resource is depleting so it is the right move to target the higher V205 purity.
Nice work Graham and the team!!
As per largo it seems AVL is chasing the premium markets in the...
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