AVZ 0.00% 78.0¢ avz minerals limited

The problem for GXY is that they don't have the grade of AVZ nor...

  1. 1,202 Posts.
    lightbulb Created with Sketch. 40
    The problem for GXY is that they don't have the grade of AVZ nor the economics of it, and over time Mt. Cat, will fall significantly behind some of its rival projects in both cost and quality. GXY also has other issues with developing James Bay and SDV, given that James Bay will not be up and running till at least 2020, and even then will have to contend with Canada's high royalty rates. SDV--the brine project will take increasingly longer 2021-2022, at the rate they are progressing. Yes, AVZ has it's challenges too, but at least it has the Chinese and Dathomir committed to building its infrastructure, and a massively larger resource and grade which will make it easier for their off-takers to convert their spodumene product, than what is occurring at Mt. Cat.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.