Dear Mr Randall
Thank you for contacting AVQ in regards to a Query LetterI still don’t believe they are mining at any rate that would provide material worth shipping . It would be good if they provided PHOTOS of said stockpile and machinery on site etc . As before they only had one 1 bobcat and 1 excavator . Very old looking machinery.All stock material then needs to be loaded onto a barge , by a tip truck or bobcat . The excess movement of ORE from mine site, to a drying area, to then be taken to where a barge can dock( which is just a dirt landing area ) to loading material, to then unloading at a new location , to then be loaded onto a ship. This excessive man handling doesn’t seem possible to make a profit I also just don’t believe they have 5000 cubic mtrs of ore drying out . In fact unless proven otherwise, I don’t believe they much material in a pile anywhere There is no facilities at mine area for a ship to dock , as there is no pier to accommodate docking and loading The capital raise is not going to be successful. At 10 cents a share for the perspective , its much higher than current market value of .073It would be interesting if confirmation was provided from TRAXY , that they are buying any shipments of low quality Nickel . The response from AVQ seemed a bit vague , stating that they can sell to another buyer if they want . Sorry to bother you with my emails . But I feel ASX is finally watching and acting on this dreadful company Best
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