AVZ 0.00% 78.0¢ avz minerals limited

Thank you.I carefully weighed the words in my last...

  1. 419 Posts.
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    Thank you.


    I carefully weighed the words in my last post.


    Importantly I used “I suspect...” to condition my sentence as a presumption, based on relevant fact in last announcement:


    “ The licence area has previously been mined for tin and tantalum through a series of open pits over a total length of approximately 10 km excavated by Zairetain SPRL. More than 60 Mt of material was mined from three major pits and several subsidiary pits focused on the weathered upper portions of the pegmatites. Ore was crushed and then upgraded through gravity separation to produce a concentrate of a reported 72% Sn. There are no reliable records available of tantalum or lithium recovery as tin was the primary mineral being recovered....”


    If it’s true tin ingot production is happening then 72% recovery looks on the cards. Perhaps better if the methodologies of recovery have improved in the last few decades.


    My HKTD follows the road rules...


 
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