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If I'm reading yesterdays Investor Briefing correctly on Slide...

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Swanssm

201 Posts.

167

23/05/24

01:23

Post #: 73964983
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Originally posted by Swanssm: ↑

$AVL (today) announced their updated MRE after the TMT merger.

Curious to see if $BYH will update the quantum of the resource for the "tailings". As this was previously indicated as a milestone (presumably delayed by the AVL/TMT merger).

July 31, 2023 Operations report:
"The target base metals are contained in the Indicated portion of the Mineral
Resource, 16.1 Mt @ 762 ppm Nickel, 212 ppm Copper and 231 ppm Cobalt, included
in the high-grade vanadium zone within the planned open pits of AVL’s vanadium
project as described in its Bankable Feasibility Study" >>> Now (at least partially) updated.Curious if the IPMR has also gone up by 39% as well from the extra tenements that were acquired/merged? Also interesting that there was no mention in $AVL's announcement today.

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If I'm reading yesterdays Investor Briefing correctly on Slide 18 they have listed the resource as 36 Mt ........ asking for a friend ..... Has nobody done the math on how much 27,500t of Nickel, 7,600 of Copper and 8,200 t of Cobalt is worth over a 15 year mine life? I guess there would be some losses in the yet to be defined processes. But still that's a crap load of Nickel.

BYH Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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Price($)	Vol.	No.
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