That's what AVB management are telling us. From an explorer to a producer.
The milestones dates in the Q4 are the same as published in the Annual Report. The goal is to be producing copper by the middle of next year.
Still many boxes to be ticked before investor confidence matches that of our management.
Many have been here before and many have recently come on board. What is new this time round?
- Published program - Details of finance arrangements - Application for a Full Mine Licence - BlackRock committed to building Stage 2 and providing technical advice - Procurement of mine plant - mine design geotechnical underway - Over-subscribed CR with investors keen to expand AVB's holding in the region - Infill drilling to Stage 1 underway
The above gives me confidence that this time we are moving forward. It also convinces me that our previous history is just that, history. A new phase has begun. A phase that should see a rising share price overall.
5.4c is history. 6.4c is a fading memory. Next should be 7.4c after our next infill update.
AVB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
