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0.00% 78.0¢ avz minerals limited

Ann: AVZ Minerals hits 284.47m @ 1.52% Li2O, page-246

  1. Alex999
    3,827 Posts.
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    04/06/18
    16:35
    Post #: 33481516
    You do realize that cobalt and spodumene are two very different things.

    - Cobalt around US$90,000/t and exported in small quantities
    - Spodumene around US$900/t and exported in huge quantities

    So the "significant operational costs" flagged today have a much bigger impact on a lithium producer than a cobalt producer (where the infrastructure also already in place in the DRC from Belgian days)
    AVZ Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch.  Great analysis
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