Wow - was expecting a CR, but not so soon and not a "substantial" one. Maybe they will just do a 1 for 5 at 7c and raise $14M odd mill - while there is dilution it satisfies the bank funding requirements and give AVB about $5M to do some extra drilling Also allows them to start work on the mine almost immediately and no loss of profit on either AN,PB or anything else they manage to come up with. If Blackrock require a Proven JORC Resources then we are probably looking at enough to do over 10000M of diamond drilling (maybe even over 30k if a 10x10grid)
AVB Price at posting:
8.3¢ Sentiment: None Disclosure: Held
