AVZ avz minerals limited

Ann: Manono Project Operational Update, page-6

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    I like these bits also

    AVZ now has the opportunity to undertake further infill drilling of material underneath the pit that could not be accessed while the pit was flooded, in order to upgrade Mineral Resource categories from Inferred to Indicated and from Indicated to Measured. The time taken to conduct this extra sampling will not impact the timeframe of the release of the DFS.

    Obviously having a large indicated and/or measured resource adds a bit of value IMO.


    The Definitive Feasibility Study (“DFS” is 95% complete and is on schedule to be released by the end of 31 March 2020.

    31 March should be a line in the sand either way.
 
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