AVB 0.00% 16.5¢ avanco resources limited

conditions precedent, page-71

  1. 790 Posts.
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    AC

    If you'd care to explain, I'd be interested to understand better your views on why AVB wont build a mine. Certainly finance is a major hurdle, as it is for many mining minnows at the moment. But, if I read you correctly, you think that this hurdle is likely to be overcome in coming months.

    What then is source of your skepticism? Is it just that speccies are generally a poor bet at the moment, or is it something specific to AVB? If you think they will secure finance then at what subsequent stage do you expect them to stumble - securing the mining license, the plant, or the actual construction?

    I take your point that sometimes the reserves arent what they initially appeared to be but there is no suggestion that that is any more likely with AVB than any other miner (is there?). Perhaps even less likely given the depths we are talking about. But in any case, that presumes that AVB will in fact become a producer - which bring me back to my question.

    I appreciate contrarian viewpoints, but obviously the more soundly based they are the more valuable I find them.

    Cheers,
    Cheetah
 
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