Ann: Metallurgical Test Work Update, page-10

First 10 Last

Share
Profile

Follow
bennybennymay

62 Posts.

26

09/10/19

10:08

Post #: 40787802
Share

Originally posted by Whatismyusername: ↑

Sub 60% recovery of lithium, and tin dismally lower at around 30% net..... the payability for tin likely to be only 70% max of that. So closer to 20% for tin. Hardly worth them effort and additional capex required.

The 60% recovery though for Lithium highlights just how similar this is to PLS in my view. Hopefully they can learn from PLS's mistakes in their recovery circuit setup. Maybe we wait....

Still no details on the Non-exec Chairman. If it's just a start date to be agreed I cant see what the hassle is in announcing who the international man of mystery is....

Oh, transport. I almost forgot. Do we have anything positive to say on transport? Or are we still going via trains, planes and automobiles to port? Sheesh, you'd think by now they'd worked out how to get to market.....

I may be cynical, but I suspect the DFS NPV will look very very different if they use the current spodumene price as opposed to their earlier figures. Capex is also likely to blow out, it always does, and costs will be very difficult to contain as it appears the AVZ's recoveries make the project a PLS phase 2.

Still seems far to risky in my mind, particularly given they will need to raise further cash in the short term. At 4.4c it's going to make the raise earlier this year seem like a good decision..... ouch.

Expand

The only form of transport we need is the Share Price rocket when they release the FS in Q1 2020

AVZ Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

NRX

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

RDN

Raiden gears up for exploration in final quarter of 2024

Reporting wrap: Inghams, Accent, Mayne Pharma

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

IPH

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

The business of sport: Warren Tredrea's take on this week's news

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 80 more messages in this thread...

First 10 Last

Add AVZ (ASX) to my watchlist

Ann: Metallurgical Test Work Update, page-10

Top Stories

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Noronex kicks off EM survey at Humpback, Namibia – part of South32's earn-in deal to access Kalahari Copper Belt

Raiden gears up for exploration in final quarter of 2024

Reporting wrap: Inghams, Accent, Mayne Pharma

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

IPH raises $100M to buy up Canadian IP firm Bereskin & Parr

The business of sport: Warren Tredrea's take on this week's news

Dale Gillham's weekly wrap: responding to a weak iron ore price with investing decisions

The Rising Tide: How institutional adoption is shaping the future of crypto

Featured News