AVZ 0.00% 78.0¢ avz minerals limited

Ann: Mineral Resource Update - Manono Lithium Project, page-49

  1. 2,362 Posts.
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    All hail EL BLOB!!!





    AVZ-Already the largest hard rock lithium resource by a country mile(400.4Mt AT 1.66% Li2O-Go here )....2nd in grade to only Greenbushes, homogenous(literally a GIANT BLOB of high grade spodumene) and close to the surface, so easy and cheap to mine. Throw in a very valuable tier one tin resource and tantalum. This is not to mention the lowest impurity levels(the least deleterious elements) of any JORC defined hard rock resource which is important for new generation lithium-ion batteries. They literally will not function with inferior quality ore!- Go here.

    With the resource only being based on the one pegmatite of Roche Dure(with resource upgrades for this pegmatite to come) and with our largest pegmatite Carriere de L'Est(6.25 km strike length-Go here) yet to be drilled out(of the one hole drilled-mineralisation begins at 1.9m-251 m @ 1.48% Li2O; 913 ppm tin-Go here), not to mention several other pegmatites:



    we are well on the way to confirming our exploration target which is wait for it:





    ONE to ONE point TWO BILLION TONNES which on current drilling is A VERY REALISTIC TARGET!!!











    Because of its size and grade of lithium not to mention a tier one tin resource the potential intrinsic value of AVZ is a MULTI-MULTI BILLION DOLLAR RESOURCE so you can see at the current market cap of 145 million dollars AVZ is TOTALLY and UNBELIEVABLY UNDERVALUED!!!


    With metallurgical results, 5 and 10 Mtpa scoping and feasibility studies to come in the short term which will only go to upgrade the resource and lower the cost of production and confirm the feasibility of the project there is EXCITING TIMES AHEAD FOR AVZ HOLDERS!!!

    Our competitors will literally be SHAKING IN THEIR BOOTS!!!


    BEWARE THE BLOB!!!



    AIMO

    P.S.

    Scoping Study-12.jpg

    Go here:
    Last edited by Mining8: 30/11/18
 
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