ALV 3.16% 9.2¢ alvo minerals limited

Ann: Tier 1 Ionic Clay Bluebush Acquisition, page-18

  1. 1,191 Posts.
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    MEI is world class, they have both grade and good met so no one can compare. OD6 has ok grade but trashy met also can't compare. This one is somewhere in between. Their grade is comparable to Chinese deposits or the monster deposit next door being constructed. For REE deposits, Met matters much more than grade. Grade is not king.

    This one has potential. Also note that the drilling to date has been very limited and shallow. In for a parcel but watch out for the inevitable CR as cash is low.
    Last edited by Dannygold: 07/06/23
 
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