AVZ Peer Transparency, page-137

First 137 Last

Share
Profile

Follow
Roller62

8,980 Posts.

2107

25/08/19

21:00

Post #: 40142548
Share

Originally posted by Obe wan: ↑

if Nigel Ferguson is saying ’2 years’ ; AVZ need to move with funding very soon indeed.

There's going to be circa 6 month long lead time items of plant that will need to be ordered ; wet season comes into play, most likely a 12 month construction program; another issue is the road into Manono another issue is the current lithium and world markets.

They can't order jack without cash in the bank and circa 30% deposits paid. We are moving towards wet season which kicks in in October; this will halt road construction ; we hear that the road will be in by end of year; personally i don't believe that; you can't construct roads when it's pissing rain, layman - too much moisture ; the small particles get washed out, large particles slip over one another, compaction is crap; they’ll need to drop spades In a few weeks and up into mid December as these are washout months.

From where the road is now; I think it will be around March before the road into Manono is of an acceptable upgraded conditional to take on heavy plant. In March and April the rain actually picks up again from a Jan , Feb, lull before it heads into dry season; i reckon it's around April when AVZ need to start moving gear towards Manono; we are basically in September now; i reckon long lead items would need to be getting ordered October / November of this year in order to get long lead processing plant hauling into Manono to meet the opening of the dry season window, completion / acceptable road upgrade. You really only have around 5-6 months of a construction window in that area working on structural steel before rain and particularly lightening is going to close the project up for around 4 months; steel and lightening really ain't a good mix.

If AVZ don't pull funding off within the next two months... I reckon we’ll only have gear landing into manono hard up into next dry, then a 4 month shut down for weather and a clammer to try and get things constructed from around April 2021 with a completion / commissioning 12 months later he April 2022.

If AVZ want 2021; they’ll be needing to secure in the coming weeks.....finance in the current environment will be hard to achieve ; if they do strike a good term deal from a funders, considering the current environment it would prove, (if what many here believe,) that Manono is a number of cuts above the rest; it would certainly be a beacon of confidence blowing a hotcopper keyboard warrior doubters away as their own lithium favorites head towards the dirt.

Current environment certainly is a concern; I believe AVZ need to strike a deal now; I think a deal now would achieve that 2 year program; I'd also prefer the deal landed now rather than Donald bringing the whole house down and stirring up more unfavorable terms from funders.

Expand

Well NF did say 2 years until production so maybe something will happen regarding finance before the end of the year. Yes that's before the DFS has been completed ..... as warned.

Last edited by Roller62: 25/08/19

AVZ Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

VUL

Vulcan appoints investment bank and M&A veteran to board

There are more pages in this discussion • 226 more messages in this thread...

First 137 Last

Add AVZ (ASX) to my watchlist

AVZ Peer Transparency, page-137

Top Stories

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Utah authorities sign off on Anson's lithium extraction plans at Green River

Vulcan appoints investment bank and M&A veteran to board

Featured News