Another 200 million shares = $20m.
Well great Avanco.
From what I can see from the anouncement, the board is going to utilise this money for further exploration activities. What a shame.
What happened to the real objective to begin mining the HGzone. Typical Geologists.
The problem I see from continuing down the exploration root is once again there will be further dilution to begin the mining process. Whats it at now, nearly 1 billion shares.
Mine the HGzone and utilise these funds and persue acquisitions and drilling at the same time.
What a shame!!! Typical small minded board.
Get a real engineer on site and mine the sucker.
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