AVB 0.00% 16.5¢ avanco resources limited

investor presentation , page-50

  1. 6,689 Posts.
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    simonhhh,

    You said that the second hand gear in the picture was 3 years old. How do you know this?

    As for funding, we do have Xstrata who has 15%. Now that Glencore are in the process of joining with Xstrata this may have postponed AVB talking with Xstrata until the Glencore deal is settled. Surely Glencore would be interested in taking on a bigger share if everything falls into place.

    Overall this option maybe delaying AVB from proceding too far with funding alternatives.
 
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