Progressive release of metallurgy results flagged in recent announcement (see below 17 May). Perth firm have had core for 1 month now.
And, given the 5Mtpa SS was based on very conservative numbers (well played management), the minute ANY details on grade are released/confirmed this will be the end of the 6-9c shares within a few hours IMO. Further, even the slightest hint of a picture of a bag with white powder, and this is gonna blow!
From 17 May: "The study team overseeing the Definitive Feasibility Study have been impressed by the scale of the mineralisation that can be observed in the core and we are looking forward to informing the market of the results of the multiple tests as the information becomes available. This metallurgical work programme is expected to not only inform the plant design but also yield data vital to negotiations with potential offtake partners and financiers for the Manono Lithium and Tin Project.”
And, let's not forget from 5Mtpa SS: "AVZhas an active ongoing dialogue with potential financing and investment partners and continues to receive unsolicited expressions of interest with regard to assisting the Company with its financing needs. These parties include substantial mining funds and companies including global diversified Chinese companies, Chinese off-take parties and Sub Continent interests."
