Ann: Annual Report to shareholders, page-4

First 4 Last

Share
Profile

Follow
Student

3,393 Posts.

185

01/10/24

11:29

Post #: 75922986
Share

Originally posted by Barry81: ↑

Thanks @Student that is very informative. Looks like some of Hebang's associates have been buying up as well which is a very good sign.

looks like there were a couple of hidden updates in the directors report especially around the DSO:

The Northern Territory (NT) Government granted Mining Authorization providing approval for a 5,000 tonne test pit, the first 40,000 tonnes of DSO operations and grade control drilling across the Arruwurra deposits.
.
In addition Access Authority was approved to allow modifications to the existing access road between Barkly Highway and the Arruwurra phosphate deposits to support safe and efficient operations. The NT Government is currently considering the Mine Management Plan ("MMP") for the balance of proposed DSO mining at the Arruwurra deposit, plus the addition of drilling to support physical properties test work across the broader resource.

A revised resource tabulation based on the existing resource model was published to support DSO operations beyond the initial feasibility study. . This tabulation was based on the proposed DSO P2O5 cut-off of 27%. The resultant tabulation was 66Mt@30% P2O5, placing Wonarah as the largest high-grade Phosphate deposit in Australia.

In light of prevailing market conditions, the company has analysed the long-term demand for phosphate ore and is further optimizing the DSO Project across various aspects, including mining, logistics, and production capacity. The ongoing development of the DSO Project remains commercially viable.The feasibility study, completed in October 2023 aimed to evaluate the viability of a start up mining operation with an annual production capacity of 836,000 tonnes of Direct Shipping Ore (DSO). The study suggested that the project was both viable and profitable. Avenira continues to optimise the original study in light of prevailing market conditions and is conducting further feasibility assessments and engineering designs for capacity expansion, with results to be disclosed upon completion.GLTAH

Expand

@Barry81 Thank you highlighting some of the key points from the Annual Report which are well worth reading again.

I agree it looks like Hebang's associates may be be buying. Supports a BUY. Very soon we should see the SP rise substantially.

AEV Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

ASX Market Close: Index treads water as Energy stocks lead

BEO

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

WC8

Wildcat’s PFS elicits lacklustre response

EMD

Emyria Advances kicks off National Rollout with Avive Health Agreement

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 0.8¢		Change 0.000(0.00%)		Mkt cap ! $25.42M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
8	3800247	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	4971919	12

View Market Depth

No.	Vol.	Price($)
8	3800247	0.008
4	3807490	0.007
5	1905000	0.006
2	960000	0.005
1	1250000	0.004

Price($)	Vol.	No.
0.009	4971919	12
0.010	7353440	13
0.012	2544954	2
0.013	478333	2
0.014	571499	2

Last trade - 16.21pm 29/07/2025 (20 minute delay)

AEV (ASX) Chart

Day chart unavailable

Ann: Annual Report to shareholders, page-4

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

ASX Market Close: Index treads water as Energy stocks lead

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

Wildcat’s PFS elicits lacklustre response

Emyria Advances kicks off National Rollout with Avive Health Agreement

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Annual Report to shareholders, page-4

Top Stories

HotCopper Trends: Vection's $7M, Liontown dips & Wildcat PFS

ASX Market Close: Index treads water as Energy stocks lead

One of the biggest jumps today is the most obscure: Beonic Ltd up +65%

Wildcat’s PFS elicits lacklustre response

Emyria Advances kicks off National Rollout with Avive Health Agreement

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News