Avalon Advanced Materials Inc. (TSX:AVL): announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

2 Dec 2013resource reserve update● NeutralMajor

Avalon filed the full technical report on the feasibility study for the Nechalacho rare earth project (report dated May 31, 2013, effective April 17, 2013), replacing the earlier 2011 pre-feasibility work. The visible text is only the cover and table of contents, so it gives no resource, reserve, cost or economic figures; it does show the plan covers a Nechalacho mine and concentrator, a Pine Point hydrometallurgical plant and a refinery at Geismar, Louisiana.

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29 Aug 2011resource reserve update▲ GoodMajor

Avalon filed an updated technical report on the Thor Lake project dated August 25, 2011, prepared by Roscoe Postle Associates, describing an updated pre-feasibility study. The visible text says the project has 14.5 million tonnes of mineral reserves of rare earths, zirconium, niobium and tantalum, and that it is an undeveloped deposit; it refines the March 2011 report.

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16 Mar 2011resource reserve update● Neutral

Avalon Rare Metals (then its name) filed a technical report dated March 13, 2011 on the Nechalacho deposit at its Thor Lake project in the Northwest Territories. The filing text shown is the report's cover page and contents list, so it gives no resource or economic figures here.

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