Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-21089

First 21089 Last

Share
Profile

Follow
Daveycrokkett

1,000 Posts.

324

16/07/19

08:44

Post #: 39534667
Share
Originally posted by Deboss: ↑

I guess our Managing Director has just answered most of the questions posed on these threads recently

The important take-aways for me from this interview are:

24 months for the plant to be up and operational

Positive cashflow

Low capex costs

High grade quality lithium concentrate

13 tons of samples being met tested

Dewatering of the pit is underway and we should be able to access the pit in 3 or 4 months

Finalisation of DFS to put this into production

Geology unparalleled……….’massive homogenous with very few impurities’……… +6% concentrate with very low deleterious elements such as phosphorous fluorine and iron. In Nigel’s words “The deposit is nature’s gift”

Project will pay itself back in 3 years………….very strong financial numbers

Many finance options and Nigel believes $165million finance should be sorted out very easily

European funds and Chinese funding road upgrades to get product to railways

More demand for lithium than people realise and the 24 months timing to AVZ being operational could ultimately coincide with resurging lithium prices

IMO, this is all extremely positive news for current and prospective investors. Regardless of anyone’s original buy-in price or current average, I believe the main factor that will determine a successful financial return on your investment in AVZ is patience.

I trust that Nigel has everything under control to move us forward and into production

All IMO & DYOR

Expand

Really like you style mate. Your posts are very real, calm and positive.
I really enjoy reading them. You will mention something and on few occasions NF backs it up strongly in an interview or presentation.
I would love to be a fly on the wall the next time NF visits the lab to check out MET result progress.
Anyway keep your great posts coming:)
AVZ Price at posting: 5.1¢ Sentiment: Hold Disclosure: Held
16 Upvote

0 Great analysis

Reply

Top Stories

EOS

Electro Optic Systems inks 92% revenue growth for 1H CY24

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

VTM

Victory Metals boasts Australia's largest indicated REE JORC-compliant resource