Hi
@m0ngy
In Avanco's
18th September 2017 announcement they said this :-
Avanco believes that permitting will be resolved in time to facilitate the start of construction by the end second quarter of 2018. Avanco is working with the relative government bodies (DNPM and INCRA) to resolve previous oversights. Following a successful conclusion, the injunction on the environmental licence will be lifted, the mining leases granted, and the construction licence re- issued.
It has longer for sure, but according to AVB they still expected a positive outcome on the permitting late June 2018, all in all 3 to 6 months here or there given the continued (significant increased in-grond value) Centro work is fine with me and I suggest many others.
In fact given AVB's demonstrated track record for getting physical build preparations done way in advance, could lead one to say that given a win on permitting they will not be so far out at all in the end.
This was why I mentioned the statement made last week by AVB they they were
"Confident of a positive outcome, work on a more detailed Pre-Feasibility Study continues in parallel with the Scoping Study" as a
material statement worth holders noting, perhaps even something you as a fellow holder could see as a possible positive.
Cheers
Phil.
