$20 million placement closed over subscribed, page-5

The decision to mine will still go ahead as planned. However, the current resource is still relatively small even with the HG zone. The latest drilling should allow the JORC to be re-classed to Measured and Indicated, and should also increase the resource.

But the company also needs to look beyond the immediate future, and plan for future operations to enable a good programme of work going forward.

Now look at the amount of previous drilling, and the amount that AVB have now said that they will do with the CR. There is no doubt that AVB are trying to prove up a much larger resource than the current one.