it was inferred by someone that AVZ would start the DFS in June. because they would wait for all the met results to come in. (they'll be in April IMO)
I had stated that typically when moving from SS to DFS or similarly it commences as soon as the old study finishes. AVZ at the latest maybe have had to wait until the SPP was completed before signed the contract.
I would think that the transport study and 5mtpa and 10mtpa cases were due in q1 of this year. met testing could be April May and the DFS completion for June.
Putting a sensibility cap on and assuming delays I reckon we're looking at AugustSeptember anything ahead of that will be a win.
any news around huayou options expiry date will be pure coincidence IMO
AVZ Price at posting:
4.2¢ Sentiment: None Disclosure: Held
