The $600k has already been received. And that the expectation is that the balance of monies will be in the "middle to upper part" of the $10-40m range. Again unknown timing of when it will be received, but did say that this sort of money, say, $30m is "ashtray" money to Vale, so it could be an unexpected windfall to us at short notice. I guess payment to us will depend on Vales timing of when it wants to comment feasibility studies etc on TN as a single project owned 100% by Vale.
No need to ask the company about why SP is at 7 cents - it is because there is no news and its just drifting lower.
HB
AVB Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held
