AVZ 0.00% 78.0¢ avz minerals limited

AVZ The Uluru of Lithium

  1. 2,521 Posts.
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    AVZ has been plagued by downrampers and generally people who are threatened by this amazing deposit. It is large enough to totally reshape the entire lithium industry and once it comes into production it will vastly affect all lithium players.
    The size is astounding and you can draw a comparison of size equating it to an inverted Uluru to get a picture in your mind of the vast expanses of this deposit.
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    Roche Dure being the smaller area than Carriere de L'est. Yet the company has not started any drilling in the Kyoni, Mpete or Tempete pegmatites which would increase the resource substantially and unfortunately would require the next 2 - 3 years to drill it all out.
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    And we have not started the 2018 drill program in Carriere de lest yet, but when it happens prepare to be astounded.
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    Here is a comparison to size of some large man made structures and you get a sense of the enormous scale of size we are looking at. Uluru sits at 348m high above ground and 3.6km long. Some of our drill holes are over 400m deep. People think the Eiffel Tower in paris is big and when Gustave Eiffel built it 130 years ago it was the largest man made structure for 40 odd years.

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    Yes it is large and tall. if you stand on the upper viewing platform it is a long way down. I can vouch for that!
    276 metres down and our drill cores are longer than that. No wonder it is taking so long to drill and assay those cores. The end result will make this dwarf all other lithium plays.

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    The upper viewing platform is a long way up...

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    Uluru from a helicopter with Yulara in the foreground. 15km away. It's BIG isn't it...
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    Greenbushes is small by comparison. No wonder there is so-so much interest within China. They truely understand something good when they look at it.
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