Phosphoric Acid, Phosphates & Fertilizers Experts

AVENIRA: JUNE 2018 QUARTERLY ACTIVITIES REPORT

• Baobab Expansion Project Feasibility Study due in the fourth quarter of 2018
• Processing test work continues with positive results
• Gadde Bissik mine selling phosphate rock to a local major fertiliser company
• No lost time injuries during the period
• Chairman Mr Brett Clark to take a more active role to support Avenira
• Cash balance at 30 June 2018 of A$3.7 million

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