The trading halt for the amendment was a regulation 10 minute halt....? Required by the ASX??? Has any one twigged that it was arguably required/not required for cores only but that under the 2012 JORC it will most definitely be required when assays come out??? I wonder what that could mean? It may not happen overnight but it certainly won't be 6 weeks! We complain when the company doesn't produce data for the media, then we complain again when it does? If this is all we have to complain about we are doing pretty well! It takes time to write a report for the market. While I am not of the opinion that this type of material gets passed by the Glencores and Blackrocks of the world...I suspect it still has to go through directors on two continents, company secretary, legal? etc. It simply takes time...
As I was saying all day yesterday...and as ChezD has so eloquently stated above, the research on the ground etc in Brasil indicates that if an Exploration approval is granted then a Full Mining License is effectively a matter of process ...a matter of when not if. This now applies to both stages 1 and 2.
Starline...the punters will work it out eventually :) If you look at those pictures about half of the length is pure chalcoPYRITE which is 33.54% copper...so half of 33.4 is???? A visual approximation and only of the best sections...but the overall grade will be good I believe and the widths have grown considerably reducing waste, mining costs etc as well. But I know you know that :)
Pumpa..yep. Some just don't understand...but that's why the share price changes :) We have the best board in Brazil doing the hard yards for us, all top tier in their respective fields and throughout the process they all get a chance to show us why they are top tier. CEO TP, geo team led by SM and regulatory led by LA have had a chance to show us and will continue no doubt. WP and CJ have been working tirelessly in the background but their day is getting closer. Their work starts getting trotted out to public inspection soon.
AVB Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
