if AVLs ore is process for V205 the higher capex is x and the...

if AVLs ore is process for V205 the higher capex is x and the Opex is $6.90 to deal with the oxidized ore.

if TMTs ore is process for V205 the lower capex is x and the Opex is $4.xx to deal with the Non oxidized ore.

This deal only changes the company structure not the economics of the project.

Both Projects need The Yarrabubba ore to stay viable under any scenario in the debt payment period.

TMT still own the 2 * best deposits until this deal goes through. I still cant work out why they gave the deal 6 months runway!!

AVL can burn through their cash runway with their patented process to deal with the high cost oxidized ore they currently have.