AVZ 0.00% 78.0¢ avz minerals limited

Another GPP RMX type Lithium play?, page-3

  1. 1,962 Posts.
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    There's no way Klaus is here for the trimmings. The main meal is coming.

    It's not one of the biggest, it's the biggest at 10km combined proven length (not strike), 400m average width and only drill tested to 125m depth ending in mineralisation. The extension project is another 10-12km of strike.

    1.6% Li2O with 0.2% Tin and 0.02% Tantalum/Niobium credits.

    Historical met testing for spodumene concentrate and conversion to lithium carbonate done successfully. With plans to build a plant in the 80s before Tin price crashed.

    100mt of lithium rich tailings - low cost " mining" (scooping).

    Major drawbacks are infrastructure / port distance.

    But project of this scale (250mt - 1Bt) will attract partners who are capable of going all the way.

    If he puts the puzzle together, and I personally think he will.

    The main prize is held by a state owned co in partnership with a foreign investor just squatting / not developing. Look at BYR recent acquisition, from another similar co squatting. The state wants to see this property developed with Spodumene and Tin on such a high. Klaus is the man to get this done.

    Ok - thanks for listening, glad I got that off my chest
 
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