AEV 0.00% 0.5¢ avenira limited

construction begins in august

  1. 10,295 Posts.
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    Fertiliser Week article yesterday, summarised:

    "Arruwurra is likely to the company’s first production site,
    and where construction is likely to begin in August. The ore
    has an average grade of 30-32% P2O5 and has other
    favourable characteristics, including a low cadmium content
    of <5ppm and an Al2O3 content of 2-3%, SiO2 of 10-15%
    and an FeO of <1%, according to the company.
    Meanwhile, infill drilling at the company’s Main Zone
    deposit continues. According to Minemakers, the direct
    shipping ore resource is likely to be larger in the Main
    Zone, but is located deeper than that at Arruwurra."

    Resource at Wonarah being brought to 43-101, that speaks of a possible source of equity capital from Canada/US.

    Customers the co. is in contact with, from: "Philippines, New Zealand, and
    domestically, as well as in North China, India and North and
    South America."

    Anticipated closure for Bonaparte acquisition in May.



 
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