significance of the directors buying, page-38

PP, did he really say he wouldn't mine without Vale money? I thought that was his preferred method of funding. I cannot see AVB walking away from all this if for any reason they do not get the Vale money or even get only the minimum.

AVB has been confident about getting the Vale money and as they are privvy to the confidential inter-company info that shareholders don't see, I have no reason to doubt that Vale will come through with it either this year or next. However, if that doesn't happen, surely TP would have a Plan B?

IMO, no matter what happens with Vale, AVB WILL be a producer within a few years. If I had any doubts, I would not be holding.