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

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

Running discussion on SP, page-44522

First 44522 Last

Share
Profile

Follow
PASBOZ

5,890 Posts.

1869

19/05/21

11:45

Post #: 53273168
Share

Originally posted by grassseeds ↑

The PLS studies are still progressing and Nigel expects the result in the next 1 to 2 months. Nigel tended to infer that any offtake would require further end product to be analysed by any prospective purchaser. My guess on the extra Capital proposed would be for an onsite Sulphuric Acid plant. Nigel indicated in his long term vision for AVZ, that he would prefer any output expansion to be based on PLS. Other comments about long term vision were about AVZ assisting in getting more processing completed on site.
I raised questions on what proposals are being considered for the equity component of capital including J/V. I did not receive any relevant response. I was advised that they still had adequate capital for a couple of months.
Nigel also covered aspects of Power generation, tin possibilities etc which are progressing OK.
The key items are still getting a mining license and then finance.

Expand

The key items are still getting a mining license and then finance.

Thank you for the feedback.
DFI are now comfortable with the 80% off takes.>>Government full support >> Mining license next...

AVZ Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
16 Upvote

0 Great analysis

Reply

Top Stories

BMO

Bastion picks up historic samples grading up to 9.88% Cu from ICE Copper project in Canada

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MBK

Metal Bank JV ink fresh exploration permit in Saudi Kingdom

RBA holds rates as ALP election campaigning kicks off – expect more political focus

There are more pages in this discussion • 39,671 more messages in this thread...

First 44522 Last

Add AVZ (ASX) to my watchlist