AVZ 0.00% 78.0¢ avz minerals limited

Possibly the world's largest hard-rock spodumene resource, page-41

  1. 594 Posts.
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    Disclosure I am invested in both BGS and AVZ. They are two totally different beasts!

    BGS I believe is viable transporting 6% Spod by truck no worries with a 1m ton plant. Approx 13 trucks a day etc. However a chemical plant I believe is the better option and payback will still be fairly quick like 2 years from past calculations.

    AVZ on the other hand will most likely end up with a monster resource. Maybe 8m or 16m ton plant. Possibly even larger. Baby steps as CAPEX for plant and chem plant will be huge. Mind boggling!

    I dont see much reason for avz to prove up any more than 200mt resource. Just keep it open in all directions

    Fun times!
 
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Currently unlisted public company.

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