AVZ avz minerals limited

Ann: Manono Project Operational Update, page-8

  1. 9,291 Posts.
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    The fact they are building a construction camp and the DFS is 95% complete is a strong enough indication of where this is heading - too mining, and constrcuting the camp now is to ensure the 2022 timeline to production is met.

    Whilst AVZ has stated draining the pit won't delay the DFS, I suspect indue course it might lead them to reevaluate the pit design assuming they get a decent resource on the measured and indicated category there (but have no delays in terms of production start date). But re-evaluaton will simply be part of the mining decision and not a DFS based decision btw, because if decide to mine the pit first the assumption becomes that NPV is more positive in any revised pit design (than the pit design in the DFS) given the homogeneous nature of the deposit.
    Refer: Post #: 39510135

    All IMO
 
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