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18.5¢ avz minerals limited

Thanks - I had a late night. The scoping studies are due at the...

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Roller62

1,643 Posts.

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16/03/19

14:48

Post #: 37784677
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Originally posted by JB1975: ↑

"He should not have changed the estimate for the DFS from Q2."

He didn't - it is just case 2 and case 3 of the scoping study not the DFS expected by end of the month. IMO.

Jazz101 - "These studies" (the 5mtpa and 10mtpa) not "All studies".

Charterist - "Would suggest that transport study would come prior to the SS? "

This announcement hasn't changed the timeline iaid out in the January Presentation, in my opinion, its just that a DFS is likely to require more details on transport than a scoping study.

Consider the statement in the current announcement "AVZ anticipates potential further transport-related cost savings through negotiating volume discounts with transport providers and assessing in more detail other available transport routes and methods". (My bolding).

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Thanks - I had a late night. The scoping studies are due at the end of March 2019 not the DFS which is still due Q2 2019.

AVZ Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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