AVB avanco resources limited
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conditions precedent, page-87

  1. slipperymack
    1,681 Posts.
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    16/06/13
    22:45
    Post #: 11892311

    I don't understand Agent Cooper, why the mining experts have gone to the bank not worried about an inferred resource only, and why the banks didn't seem to worry about it when offering $58m dollars? Is there an assumption outside JORC that the resource is consistent enough to bank on? I didn't see where infill drilling was a condition precedent?
    AVB Price at posting: 6.3¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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