AVB 0.00% 16.5¢ avanco resources limited

My guess is that they will not get finance until they have...

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    My guess is that they will not get finance until they have completed infill drilling, and further proved up existing resource, with copper market sentiment, pushing this off works well for the financiers until they can either see this sentiment change or they can de-risk via a vast improvement in resource which underwrites everything, thus I'm expecting finance a few months down the track. This should jolt the SP as long as the delay is not such that we are up for another CR by then to cover running costs until mine gets up and running, and the time frame for that is pretty much as a few people have already intimated at length, wildly optimistic ie two or three years away. If you believe in the resource, small pacel good buying to be had coming up, though with the big shareholders sitting biding their time, the base is probably where it is, IMHO.
 
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