AVB 0.00% 16.5¢ avanco resources limited

Just surprised that this announcement was mentioned few times...

  1. 367 Posts.
    Just surprised that this announcement was mentioned few times and no one is discussing this in detail.

    http://www.asx.com.au/asxpdf/20110321/pdf/41xkbhg9dkln1q.pdf

    Read the terms of the deal re PB tenement. Funding probably will not be an issue if we have >640kt of minable copper. We currently sitting on 460kt. That is why it is important to get over this mark and start discussing particulars with Xtrata. If they exercise, than great, if not there will be Vale money and other interested parties for such prospective deal. Hopefully some closer relationships with Paranamera (dont remember name correctly, but that should do) or some other offtake deals.
 
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