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ASXleo

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16/07/19

09:30

Post #: 39535730
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Originally posted by Deboss: ↑

View attachment 1647565
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

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is this for real ? (
Project will pay itself back in 3 years………….very strong financial numbers )

that's great !
AVZ Price at posting: 5.1¢ Sentiment: None Disclosure: Held
10 Upvote

0 Great analysis

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