Ann: Widespread high-grade lithium mineralisation at Kanuka, page-69

Don't always see eye to eye with bin, but he's exactly right.

AVZ was fortunate enough to have a relatively good degree of information prior to its first drills so they were always going to be more on the money.

there's pros and cons to take away from the announcement really

pro:
there's lithium
at surface
ok grade (for surface)
potentially economical if grades and width improve at depth
further drilling can be refined to target best grade/best width areas

cons
spodumene? (unknown)
veiny as hell (strip ratio high if mineralisation continues at depth)

there's a few other points I'd make, still have the other project, and economics could improve. CR is on the cards also. result wasnt too bad ans mean investors wont lose much if any. which is alot better than if it was a complete dud.

*disclosure current avz holder, previous 4ce holder and watching from the sidelines until something economic looks a good chance. happy to pay a premium.

SF2TH