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

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Wow. Thanks for all that detail, Kcheers!

First 24 Last

Share
Profile

Follow
Lancy

22 Posts.

26/02/18

15:23

Post #: 31351168
Share

Originally posted by kcheers ↑

I take comfort in your words of acknowledgment to learn a lot more . Personally i hold no interest in brine for mamy reasons. It has a far greater footprint in societies which causes great concern and detriment to tje environment and populations. Right now its not hard to find the opposition coming from the wild life habitats that are being detroyed. Also towns surrounding have lost all water and it has to be trucked in. So no water for even basics. The massive use of underground water supplies stops the local wells from production supply. Then you have to await evaporation and tbis is unknown and buyers require certainty of supply. Heavy rain doesnt help evaporation, i feel its unnecessary to say this but there seems to be some very uneducated posters here at times.
Now lets move to production at salars. The production has a deficiet of talented people to actually run these. Experienced people are not available. The process requires constant monitoring and adjustements as the input has no consistiency. So the out put could be seen to be variable. It includes a lot of impurities at this stage when sold, so it doesnt compare with 6% spud concentrate at all. It then goes through another process to purify it which seems to lwft out of the price comparisons. After treatment, its likely to get to above 99% purity but nothing like HR willat 99.9% or 99.5%. Its real cost may well be far higher than HR and ramping up takes 2 or 3 years extra than HC.
So if you want 2nd class product then by all means buy brine stocks. The luxury car market seeks quality and wants to remove range anxiety. So you start with quality that is consistent. There is likelyhood of cycles exceeding 100,000 for a batteries in future which is now achieved. I guess your phone is lucky to make 600 cycles before it has a very noticeable reduction to performance. Thats poor quality isnt it. You wouldnt like to replace your car batteries so often .
Lastly, in brine deposits, it is only a credit to the likes of potash. Or is it the other way around now? As potash is over supplied, the true costs have been hidden is what mamy learned people suggest. It seems there figures here are somewhat misleading. What do you do with a resourse thats your major production but no body wants it.? Stock pile it i guess? And sell the lithium and thus eventually apply the opex only to tje lithium? Then we will know

Oh lastly again insert smiley its poor quality which cant currently meet technical grade. Thats been a great part of its use for decades.
Do the chinese want quality and abundance? Im investing on a big YES for that millions of times
Note.. im currently stuck on a boat trying to fish and doing a balancing act on the great murray river. Im using a new Samsung pad that is making up words as i go so please forgive any funny typos

Expand

Wow. Thanks for all that detail, Kcheers!

AVZ Price at posting: 26.5¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 5 more messages in this thread...

First 24 Last

Add AVZ (ASX) to my watchlist

SPONSORED BY