If all mining approvals get sorted by AVQ, there will be plenty of JV partners willing to stump up money. The proximity to Asia has huge benefits. Similar to Oil Search acreage in PNG for the LNG supplied to Japan/Korea etc.
I would hope AVQ would make SMM pay big time for all their actions if they were
Considering to partner with them. The lost time due to them has had a huge impact to all holders through dilution and time, years lost being held up by them in the courts. Not to mention the stress. A big SMM premium should come into play.
SMM should also be willing to pay that premium due to issues in other countries they are involved in. Even at a premium it would still almost feel like a monkey on AVQs back to let them back in the game.
AVQ Price at posting:
32.5¢ Sentiment: None Disclosure: Held
