AEV 0.00% 0.5¢ avenira limited

$38 mill for wonarah, page-22

  1. 748 Posts.
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    great post nzak.

    i'm glad management are demanding what was initially agreed upon. we don't need the money for exploration or to prove up a resource - we need assistance developing it.

    lcy (even when 50% owned by NMDC) are still a small player ($80m market cap) so the upfront cash is important to the transaction even if it isn't as important for day-to-day operations.
 
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