So having a look at what NZC are doing for their stage 1 operation. This can only be used as a guide as it's a different metal and location within the DRC. Certainly, don't base any financial transactions on this post.
Estimates are taken from their latest updated DFS
1. Stage 1 open pit mine and on-site 1Mtpa Dense Media Separation (DMS) processing plant to produce two high-quality dry saleable concentrate products suitable as a feedstock for off-site processing. In AVZ case this would be Tin and Lithium
2. Project construction is expected to be 12 months
3. Project capital approximately US$53.12 million - again this may be because of onsite infrastructure already inplace (power, water etc) so again only a guide.
If we don't like what is being put forward by potential JV suitors then we can say no thanks and start going it alone until they come to their senses.
Haplo
AVZ Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
