Seeking Alpha

Avalon Rare Metals (AVL) says the results from feasibility studies for its Nechalacho rare earth...

Avalon Rare Metals (AVL) says the results from feasibility studies for its Nechalacho rare earth elements project confirm that it's "technically feasible and economically robust." The company said total project construction capital costs are $1.575B, which is inclusive of a 13% contingency and $122M in sustaining capital. Operating costs will average $264.5M per year, while revenue sould average $645.8M per year. Shares +2% AH.
Comments (2)
  • Avalon has made a series of blunders that are eroding local support. Look for difficulty ahead in the permitting process.
    17 Apr 2013, 07:59 PM Reply Like
  • Don't you just love how these companies put out this info via a press release but a search of Sedar and Edgar show nothing except the pr.
    17 Apr 2013, 08:40 PM Reply Like
DJIA (DIA) S&P 500 (SPY)