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Hopefully the independent expert will address these things...

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sabine

18,036 Posts.

3743

16/11/23

13:00

Post #: 70938457
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Originally posted by Therookie88 ↑

AVL assume a 0.79c diesel price and a $2.80 opex offset for a low value iron titanium product thats value isn't independently verified. what would happen if you plugged in $2 diesel to a project that's reliant on moving millions of tonnes of ore by truck.

@sabine why did AVL complete a BFS in April last year but start drilling again in august with the aim of improving economics?... read between the lines on why they have made the approach

TMTs opex assumes a $1.67 diesel price. and only a 70 cent offset to opex with a more valuable by product. (far more realistic)

TMTs capex 13 percent cheaper too..

both 2022 studies

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Hopefully the independent expert will address these things Rookie
And if not, why not ?

And @DrowningNotWaving I really don’t know what your point is .

TMT Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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