the Yarra economics are as follows:approx 25% (16,000 tonnes)...

the Yarra economics are as follows:

approx 25% (16,000 tonnes) more final product due to higher V205 grade.

Plus the titanium bi product yet to be optimised / final numbers confirmed.

So for financing Yarrabubba is a no brainer to get the project paid off as quickly as possible.

Remember the ore body extends which is owned by AVL so the massive Yarra opportunity still exists TMT just doesn’t own it yet.

GVP:

V205 13,000 tonnes and no V205. The project was originally getting financier off GVP.

Once TMT gets the plant up and running at GVP and AVL don’t AVL will have no use for we for the extended Yarra Tenament.

AVL is on life support as far as finances and for them to study the extended Yarra ore body would mean fully re doing their PFS / DFS / BFS because their project economics will change just as TMT is now doing with the integration study.

And then TMT has electrolyte plant plans so all looking up on all fronts.

AVl won’t survive 10 years so the extended Yarra ore body will be going cheap : )

TMT could be 25 years of Yarra ore yet : )