Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

0.00%

78.0¢ avz minerals limited

Ann: Positive Results from Initial Metallurgical Test Work, page-97

First 97 Last

Share
Profile

Follow
PASBOZ

5,890 Posts.

1869

06/08/19

22:11

Post #: 39892270
Share

Originally posted by Obe wan ↑

yes it looks like they can produce equivalent to others without using the floatation circuit ; all the WA lithium producers Including Greenbushes are using floatation circuits ; yes I see the upfront benefit of being able to exclude the floatation circuit, as it is a nice chunk of capex costs that you can exclude which means less funding required.

Nigel has certainly put the ‘AVZ is going mining’ stamp on this by looking exclude floatation and run with basic DMS ; but is this what potential partners / funders want? Using DMS and scratching the floatation circuit basically means that you’ll need to grind more; deal with more tonnage per tonne,dealing with more waste and some transportation issues which dealing with fine particles will throw up.. all these things all have additional costs associated with them

it will be interesting to see if this gets a reaction from a funder / interested party; I’d imagine that they would probably want a floatation circuit installed and basically open the door to all customers.

It will be very interesting to see what results with floatation throw up; AVZ needs to have this data included within their testing.

Personally I think the company needs to step back and look at what’s on the register ; it’s full of retail investors, many of which wouldn’t know what the data / results in this initial release mean’t. The first think the majority of retail holders would have fixed on would have been 5.8% and the 62% recovery; they wouldn’t have. A clue about the significance of the process applied. They did write ‘does not include flotation recovery’ in italic under the results table; they should have written this clearly within the header and possibly the relevance.

Anyway; some retail got spooked and left the building in not understanding. These results are very positive indeed and great confirmation of the
quality Manono holds, in that it can basically replicate the same grade coming out of the WA lithium producers using a simpler process; but IMO
interested parties will more than likely want a floatation circuit included and open the stall to all customers.

Expand

Thanks Obe wan .
looking at the PLS process flow program in the September announcement,
can the HMS concentrate after stage 2 be stockpiled for a greater time ,considering it will be a dryer product than the chemical concentrate after floatation process has been applied.?
An advantage to marketing?

AVZ Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Emerald & Azure score Digger & Dealer awards

LVH

Livehire sees share rocket 91% on takeover bid by Humanforce

ORP

Orpheus delays drilling at South Australian play Frome, on traditional owner advice

Bitcoin: Current State of Play & Where to Next | Swyftx

IR1

IRIS Metals sniffs 75 metres of lithium in South Dakota, pushing share price up 9.99%