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78.0¢ avz minerals limited

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Has15

186 Posts.

204

09/04/18

08:26

Post #: 32307631
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Originally posted by Cosmoterios ↑

Its actually a climb down.

The original estimate was 1 Billion plus tonnes at average 1.5%. Now, its only a "potential" to go to 1 Billion plus tonnes.

Furthermore, the estimate is now 300-400 M tonnes at 1.5% to 1.6%, which is about 25% of the original estimate of 1 Billion plus tonnes at average of 1.5%.

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Please, do more than 10 minutes of research before commenting because all your posts from here on won't be taken seriously at all, just a friendly bit of advise

Avz is split between two pegmatites; Roche dure and the carriere pegmatite. There are two JORC phases, and you are referring to one pegmatite.

We are intercepting deeper than anticipated, how can the estimate drop to "only ONE BILLION TONNES"

AVZ Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
18 Upvote

0 Great analysis

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