AVB 0.00% 16.5¢ avanco resources limited

Ann: Dispatch of Documents, page-70

  1. 1,293 Posts.
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    HH I understand u like poking with a stick sometimes but you are 100% correct in debt would have been far better than dilution.Even the spreadsheet of estimated future sp shows a reduction by 30% or so to reflect this so no argument there.
    Yes to have back up finance instead of more dilution is what I would have expected so it is quite disappointing in that regard.
    Reality is to go another finance route would have missed dry season and set back timelines so a decision was made to punch on ASAP.We can only trust that management have made the best decision and I guess many here understand and accept that it likely was.
    We can ask more on that at the AGM.
 
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