AVB 0.00% 16.5¢ avanco resources limited

"I'm more frustrated with the lack of work announced for Stage 2...

  1. 11,719 Posts.
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    "I'm more frustrated with the lack of work announced for Stage 2 and Stage 3" "This financing also provides for continuation of Avanco’s regional exploration programme. The Company owns 100% of an extensive and highly prospective Carajas Copper exploration portfolio. Drill testing seeking the next discovery at Stage 3 will be ongoing throughout 2014."

    Valid points Awoonga, this is an aspect that should be handled better, when you collect $23m in a placement and then specify what you intend to do with it you should be able to say something after 8 months passes about what has happened if the funds have been used.

    I am aware that some talk of better PR was being looked at, but it does seem that in this aspect anyway the directors are below most of their peers.
 
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