TMT
AVL
1 Market cap (million)
67
120
2 Cash position(million
23
9.3 (last quaterly)
3 Mining lease granted
Yes
Yes
4 Shares on issue (approx)
200m
3.3B
5 Top 20%
53
24
6 BOA agreements
Yes
No
7 Offtake under mou
Upto %75 of annual output
Volumes Not clear
8 Vanadium battery sales buisness
MOUs with leadingJapanese electrolyte and Chinese VRB producer to investigate downstream processing
Yes currently selling battery’s through subsidiary company
9 Gov grant for electrolyte plant
No
Yes
10 NAIF due diligence phase
Yes
No
11 Cornerstone investors
RCF CAPITAL FUND VII (18 percent holder)
Nil
12 Significant investors
Tinci minerals CEO
Nil
13 Enviromental approvals
Due to be complete mid year. Initial documents submitted WA EPA Nov 2018
Unknown finish date, initial paperwork submitted to WA EPA March 2021
14 Potential annual output
Approx 13,000t per annum
Approx 11,000t per annum
15 Opex (not including byproduct credits)
4.04lb (GVP DFS material improvements expected )
4.15lb (PFS)
16 Byproduct revenue potential
Titanium ilmenite for life of yarrabubba ($140t-180t) confirmed by TZMI industry experts. volumes produced 150kt-250kt Per Annum
FeTi product (value and volume unknown)
17 Capex
US$318M
US $399M
18 Global resource
146Mt %0.8V (limited by drilling open at depth)
239Mt 0.73V (limited by drilling open at depth)
19 High grade
80Mt %1.1 v205
96Mt %1.07V 205
20 Minelife
>25 years
>25 years
