A notable positive was that no further drilling would be required to map the last of the ore body. I imagine this was previously costed into the quarterly outflows which mean Cash burn should be less than indicated in the last quarterly.
IMO this decreases the likelihood of a credit raise prior to DFS completion which should be seen as a fairly significant positive IMO.
SF2TH
- Forums
- ASX - By Stock
- AVZ
- Ann: EmiAfrica commences Environmental and Social Impact Studies
Ann: EmiAfrica commences Environmental and Social Impact Studies, page-16
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online