AVZ 0.00% 18.5¢ avz minerals limited

CATL makes its entry via Lithium Plus Pty Ltd?, page-71

  1. 4,655 Posts.
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    Thanks to Deboss
    APRIL 15th not long to go.

    Q: Have you asked Huayou if they intend to exercise their options in May (even at the current sp) to continue supporting the Company?
    A: If they don’t exercise them they will lapse and they will lose them

    Q: My question was have you asked them if they intend to exercise their options in May?
    A: We believe they will exercise them and that will give the Company an additional $18million. I did mention earlier on that Huayou wanted to start mining after we drilled the first 8 holes!

    Nigel also mentioned the proposed timeline for the next 12 months which included a full feasibility study by Q2 19, engaging with off take partners (Chinese & others), locking in a logistics solution which may be a direct line to Tanzania and a few other items. All of this will be posted on the AVZ website soon.

    ALL IMO
 
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Currently unlisted public company.

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