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18.5¢ avz minerals limited

Positives to look forward to next 3 months, page-94

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mlnta3

8 Posts.

14/03/19

03:29

Post #: 37754754
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Originally posted by Deboss: ↑

Thanks @Scarpa ,

Your VB must be a fresh batch straight from the brewery.

Digging a bit deeper, at Manono the historical resource is around 300KT at 0.18%.

From USGS: “M-K averaging 2.2kg of tin per Cubic metre” .............. this fits a bit closer to 0.2% (1000ppm is 0.1 percent). Which is a nice bonus. In the reserve, Manono may keep up to 0.2 percent which other miners might still consider a deposit on its own?

https://pubs.usgs.gov/bul/1301/report.pdf
View attachment 1475475Still not quite 0.3% but a significant credit indeed if it gets up there more than we expect.

All IMO & DYOR

Expand

A cubic metre of tin ore weighs perhaps 1.7 tonnes (conservative guesstimate, crushed), so at 2.2 kg tin per 1.7 tonnes, that M-K average grade is closer to 0.13%. Manono's 300Kt at 0.18% looks even more attractive!

AVZ Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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