ALV 4.35% 12.0¢ alvo minerals limited

Great acquisition, i think this could push 50c in the next few...

  1. 50 Posts.
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    Great acquisition, i think this could push 50c in the next few days. Structured deal not expensive either!
    Highlights for me are:
    Bluebush is adjacent and along strike from the Serra Verde Ionic Clay REE project, which is the only true Ionic Clay project currently in construction outside of China - Serra Verde Mineral Resource of 911Mt @ 1,200ppm TREO and a Mineral Reserve of 350Mt @ 1,500ppm TREO with one of the highest percentages of heavy and critical earths - similar grades and ratios exhibited at Bluebush
    High-grade REE's at shallow levels with values up to 4,500ppm TREO in alluvials and 2,350ppm TREO in saprolite (clay)
    Extremely high heavy and critical rare earth split averaging 36% (MREO/TREO)
    Auger intercepts of saprolite (Clay) from surface and ending in REE mineralisation, including:
    - 6m @ 1,188ppm TREO (35% MREO) auger ERRO273AGR from 1m* (Boa Vista 1)
    - 5m @ 1,138ppm TREO (36% MREO) auger ERRO072AGR from 1m* (Fazendinha)
    - 5m @ 951ppm TREO (37% MREO) auger ERRO136AGR from 1m* (Ferradura)
 
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Last
12.0¢
Change
0.005(4.35%)
Mkt cap ! $13.91M
Open High Low Value Volume
12.0¢ 12.0¢ 12.0¢ $826 6.886K

Buyers (Bids)

No. Vol. Price($)
2 55238 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 18302 2
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Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
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