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08/03/19
12:36
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Originally posted by Scarpa
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It is a possibility for June quarter if they pull their finger out by ensuring the transport studies and MET tests are completed in the early part of the second quarter, been April, (as these are fundamental to putting out an effective DFS). When I was looking at end September, I was factoring in the timeframe I would expect to get this to mining in 2021/22 (i.e. the construction and commissioning phase in particular and securing project finance). And also then factoring in process for Offtakes or equity for Offtakes as a means to secure project finance by end first quarter 2020. If these dates are brought forward especially securing finance, then can dream for a late 2020/21 production start date.
All IMO
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AVZ will update the market with a more realistic set of timeframes im sure. They really are of little consequence thou as a TO is far more likely than production. 8-18 cent range for TO.