Thank goodness AZS has high grade lithium to date.
Go and look at an article in S T OC K head today about what happens when a resource like CHN is low grade even with a big deposit as the economics do not just stack up. - the article notes there are very few producing PGE mines with a grade below 3gm//t - CHN is below 1gm/t and even the high grade part is less than 2gm/t. And to that effect be needs to be aware of the very low recoveries for Ni of 43%.
BTW Tony mentioned initial AZS met tests are due this month - they will be a key piece of information- if the results are good that will be another part of de-risking the project.
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