Given the protracted delays in the past, which have generated a lot of AVQ haters, my estimates are more conservative:
1) 50c
2) $1
3) $2
By the way, we have already had LOI for K. We are negotiating with the landowners so that we can have prospective licence before we can apply for ML there.
We are currently waiting for ML on SJ and LOI on tenement D to be signed off by the Board Chairman and the Minister. These are all supposed to be just procedural. But this is SI. The silver lining in all these delays is that if SI government has run efficiently, then those treasure troves would have been unlocked by many majors before some of us here were even born.
AVQ Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held