Wow ozblue, thank you for this brilliant ideas (BHP, RIO,...

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soyus1

65 Posts.

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27/04/18

01:00

Post #: 32708815
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Originally posted by ozblue ↑

Hi Scarpa,
The pegmatite of TTX is at least 7km along strike, so we would expect the characteristics of it to change over that distance, and sure it probably is a separate pegmatite. However it shows that the likelihood of Roche Dure extending to the south west, with good spodumene under cover certainly exists. Or perhaps a parallel unknown pegmatite.

The TTX find shows that the overall mineralised system is now known to be over 20km long, from their pegmatite to the North- East outer reach of AVZ's pegmatites. Adding how the water bore also found pegmatite (no indication of how much mineralisation, other than 'spodumene bearing'), it is possible that under cover the system is much larger than what is exposed at surface.

It also makes me question about why so many holders are eager to flog something off to the Chinese quickly, that might just be many times the size of what is currently known. Surely mining this, even if in a JV with a Glencore, BHP or RIO instead of just looking for a Chinese partner should be investigated. Those 3 companies would be itching to get in on the lithium space, so here is an opportunity. The infrastructure spend by them also becomes very possible, should the Chinese change their minds because AVZ wont sell cheaply.

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Wow ozblue, thank you for this brilliant ideas (BHP, RIO, Glencore) and your thoughts about size and TTX.

TTX is on the beginning with small MC, but I think AVZ AND TTX both have great "bag" possibilities in regards to their shareprice:

https://web.tmxmoney.com/quote.php?qm_symbol=ttx:CNX&locale=EN

AVZ Price at posting: 21.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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