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78.0¢ avz minerals limited

Mate, I do not care. Kikker was bagging out bubs at 20c when I...

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scottieg

635 Posts.

249

13/09/19

23:30

Post #: 40419872
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Originally posted by setfire2thehive: ↑

wouldn't knock him too hard. He was critical of the pumping taking longer than forecasted and not being done by November. so kudos to kikker for being civil and acknowledging that it looks on track. by my estimates for completion by end of October mid November with consideration to some additional rainfall. which even at 1m is not a whole deal.

additionally, who are these donkeys who can't seem to fathom/comprehend dewatering. Ive seen first hand process water pumps which moved 6000m^3/hr. which was 1500l/s from memory. and there was 7 of them.

As suggested by someone with a clue, the dewatering in terms of R/L increases over time as the pit isn't shaped like a box. this will be slightly offset by the increased discharge head pressure as the pump operates at a lower water level - thus pumping rate will decrease slightly overtime.

most current mining pits require forms of continuous dewatering to remove water from aquifers/mining below the water table - to allow mining to continue. anyone thinking that this dewatering topic isn't anything less that rudimentary civil working, has slim to nil mining experience.

regardless the importance here is that it stays on schedule. which is has, and appears ahead. the reason for the importance is that if delayed - it holds up the infill drilling, which then holds up the increased measured jorc, which then holds up amended inputs in the DFS.

glad to see the company taking he initiative to inform the market although there's isn't anything largely material in there. the last 3 months have been a vast improvement on managements performance prior, which I vocalised on here and directly to the board via written emails (which I shared here).

all in all, lithium sentiment appears in the mend - I wish everyone the best success in any lithium or any company they invest in. Back to the beers for me - have a good weekend.

SF2TH

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Mate, I do not care. Kikker was bagging out bubs at 20c when I first bought in a year and a half later ago, after downramping he has just bought in at $1.20 and the bloke bought in pls at 1.20 and claimed pls SP would be at $15 by the end of 2019.

Zero credibility

AVZ Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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