It is a very good solid pre requiste for the later deals to be established, it has been clearly articulated by AVB that DD would be required for this deal to become binding, today they announced it is now binding, still subject to the same original conditions, only now if original conditions are met the deal is locked, whereas before it could be pulled, hence non binding. I am a bit with homebrand here in that I feel the vibe pulling for a couple more announcements soonish.
Anyway while we wait we could ponder what AVB have in store for a reconstructed web site given that today I read at the site.... Welcome to Avanco Resources Limited's Website Our site is currently under reconstruction
http://www.avancoresources.com
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- I thought we had $28 million in the bank - so we can start the mine regardless of finance outcome !
I thought we had $28 million in the bank - so we can start the mine regardless of finance outcome !, page-7
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