AVZ 0.00% 78.0¢ avz minerals limited

There were more doubts at EMH when I posted while it was 20c....

  1. 34,304 Posts.
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    There were more doubts at EMH when I posted while it was 20c.
    Then it was up 600%.

    EMH does have a JORC lithium of 6Mt LCE but at a very low grade 0.43% Li2O, and it's a zinnwaldite type. There's a reason why its reserve is substantially lower, only 34.5 Mt @ 0.65% Li2O (0.5Mt LCE). Usually, the reserve would be around 50% of the total JORC resource, but EMH's reserve is just 8% of its JORC resource.

    DYOR.

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