AVZ 0.00% 78.0¢ avz minerals limited

A few people have already pointed this out without explicitly...

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    A few people have already pointed this out without explicitly stating it, but:


    10Mtpa plant = 2.2Mtpa concentrate. 2t bags = 3014 bags/day.


    Is that viable? Not at the moment, according to Nigel. That's why (last I heard) he was talking about a 5Mtpa plant and gradually ramping up to ~1500 bags/day, which is still 1.05 bags per minute.


    With the expanded met test-work also due this quarter, it's worth reminding that these scoping studies are based on a 5.8% concentrate.


    At the standard US$15/t per 0.1% increment, AVZ's 60% stake would be worth an additional US$9.9mpa per 0.1% increment for a 5Mtpa operation.


    Initial met tests showed Manono could produce a 6.3% concentrate using standard methods, which would be an additional ~US$50m EBITDA each year for AVZ.

 
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