AVZ 0.00% 18.5¢ avz minerals limited

Ann: AVZ Minerals hits 284.47m @ 1.52% Li2O, page-98

  1. 3,827 Posts.
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    For those wondering why the sp is tanking today

    1) a great deposit is already taken as a given, and the assays today don't add anything new

    2) "AVZ anticipates the freight costs to port may be a significant operational cost and warrants due consideration of options prior to progressing into the feasibility stage"...after listing 3 high cost options prior to the fabled road to Manono

    However great the deposit is it is not much use if the cost to build and operate the necessary infrastructure is too high.
 
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