Likely value of AVS per share on possible MRE:
100Mt @ 1.3% Li2O = $2.16
150Mt @ 1.3% Li2O = $3.24
200Mt @ 1.3% Li2O = $4.22
300Mt @ 1.3% Li2O = $6.48
Based on a recovery rate of 75% producing SC6
SC6 price of $4000 AUD x 2.5% = in ground value ($100 per ton SC6)
SOI increased to 450m
60% AZS interest
Just need to continue to find the tons with grade, until then pick a number?
Likely value of AVS per share on possible MRE:100Mt @ 1.3% Li2O...
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