AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-123

  1. 16,980 Posts.
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    You should look more closely.

    Starting from February 2018, BCL shall, in the first two years, purchase an aggregate of at least 200,000 dry metric tonnes of high-grade lithium concentrate at a fixed price, worthing of approximately USD200,000,000.

    In essence it sets the benchmark price for lithium concentrate at $1000Mt for 2018 @ 6% grade - which is higher than the other producing lithium producers contracts at this time. They may even get more if the grade is higher than 6% like what GXY has in their contract.

    Therefore a market bench price of $1000Mt can be used to measure an estimate of what our own Manono deposit may be worth.

    Haplo
 
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