Exploration results and progress, page-9

Hi Ron
At the EGM, AVQ were discussing a "stage approach" to production with production to "ramp up" from an initial tonnage over time after a monitored cash flow is established. SMM were looking at simple screening to "value add" DSO mined and notice management hinted at the same initial methods. The last few ANN, especially today's, seems to me to hint and plan for a more refined approach mapping out the Saprolite ore and to use Anitua's expertise to commission segregate stock piling. Axiom has also begun discussions with Anitua to provide mining services, and with interested parties to undertake metallurgical testing of limonite, transition and saprolite ore horizons by a variety of hydro and pyro metallurgical processes.
This seems to me to suggest refining down the line but wont speculate on methods as quite a lot of data need to be assessed.
Full Clean Nickel refining can be quite a grubby process and expensive with many governmental approval needed. Depends on AVQ's plan going forward, a Ni% DSO segregation with the higher grades to respective customers and the lower grades screened, could be set up at low CAPEX whilst full refining approvals (which will take years to approve) to be implemented down the line.
From today's results and considering 4 more ridges to explore I'm quite confident that "economics of scale" is there for some sort refining and confident in AVQ's progress and expertise in managing and mining implementation into production for a prosperous 2016 regardless of which plan management decide.
Appeal D&D of course.
The above is IMHO and GL Ron with your AVQ investment.
Cheers
M