agm presentation is available, page-19

AGM presentaion.
The aim is to give an overview, which it kind of does and the additional detailed plans are much appreciated!! I think simonhhh has had a LOT to do with encouraging that to happen so well done simonhhh!

It seems the ore limitations of a Trial Mining permit will be overcome by getting FULL regulatory approval by end 2012. I did not even know they had applied for it... there you go!

No mention of the key 12-25 new hole, but hopefully some feedback from meeting. I will strive to keep an open mind about the potential results.

Totally puzzled about where Antas South fits in. No mention of Direct Ship ore, mining HGZ at AS.... nothing at all. It is included on the Stage 1 upside maps at the end, so someone remembered it at least. Reference to production possibly commencing early to mid 2014 suggests DSO concept has been abandoned, and its access to early cash flow has equally been relinquished. Seems a bit sad... but I could be wrong. Then again if Vale dig deep it may not be needed to support drilling.

A Chart of projected cash-in-bank versus time would have been nice, but then without the probable Vale cash shown, it would have been misleading.

The 13,500t/annum Cu metal production rate is a start rate for modelling. A base situation. If AVB has 660,000t of copper and mines at that rate we will be here for 50 years, without any further discoveries. So once the secondhand plant is commissioned, no doubt it will be ramped up rapidly through expansion within the constraints of any License.

No idea where they are starting in the new westerly properties. They just didn't say. Also a lot more holes appear to have been drilled on these properties that previously highlighted here on prior posts.. which is all to the good.

Looking forward to getting the real story from HC on-the-spot reporters!