AVB 0.00% 16.5¢ avanco resources limited

vale agreement - clarification, page-2

  1. 1,887 Posts.
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    I must have been talking to Scott as you were typing VOM.
    As expected , the 1 mil is owed but the terms are being renegotiated as explained at AGM . Avb dont want to jeopardise their relationship with Vale by insisting on this or that while Vale have such a huge project on the go . The money will come for TN.

    The important thing is the option is well and truly still current and we own 25 % of a project that Vale will develop . Assays imminent. Tp back in Perth on a week.

    Cheers ,
 
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