AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-26153

  1. 2,362 Posts.
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    Dom74 states:

    'TH Monday morning confirming approval of Yibin placement along with news of offtake.'

    You may be right Dom as this news is imminent....a good chance for 10c to be smashed if that is the case!

    Let me say also...this strong buying(blue whales) may well be associated with the investors that visited Manono this week...and also a flow on from Nigel's presentation to sophs at the Perth conference on Wednesday. PRESS HERE

    They would obviously be impressed as AVZ have something concrete to sell now...In short AVZ are going mining, and will be producing right in the sweet spot for high quality lithium demand!

    Manono Lithium and Tin Project Operational Update Highlights PRESS HERE

    • Definitive Feasibility Study now 95% complete
    • Roche Dure pit dewatering is 99% completed
    Infill drilling of material underneath the pit can now occur
    All transport routes finalised with costs to be included in DFS
    • Construction of 150 man camp commenced at Camp Colline.......AVZ TO MINE!


    AVZ Minerals Managing Director, Nigel Ferguson, commented:

    -“We are no longer an exploration company having commenced site works for mining"

    - "are migrating towards becoming a fully-fledged mining company."

    -"With the DFS expected soon."

    - "financing and offtakes to soon follow."

    -"we are stepping up to ensure a successful mining operation is established at Manono.”

    AIMO

    https://hotcopper.com.au/data/attachments/1983/1983862-87591836250cd54cf38174d5003f3b86.jpg
    Last edited by Mining8: 14/02/20
 
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