AVB 0.00% 16.5¢ avanco resources limited

power for the plant , page-10

  1. 2,717 Posts.
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    Ok, looks like power cost is under control as per few posters out here and I believe it's true as Brazil is the largest country in water resources, so hydro power should be cheap there. BUT HOW DO YOU CONTROL THE CONSTRUCTION DELAY/CONSTRUCTION COST BLOW OUT, WE HAVENT SEEN THE CONSTRUCTION SCHEDULE, EVEN THE BIG GIANT BHP/RIO/ CHEVRON SUFFERED the construction cost/ time blow out so there is NO guarantee that AVB can escape from this and the people here are dreaming about mining soon, and what about the management, HOW CAN WE BE 100% sure they won't play with our money like DML management??? HOW DO YOU CONTROL THESE FACTORS, YES IN PAPER C1 cost is low to show the bank and to get the finance, but we won't know the actual cost until we finish the construction and start the production. I KNOW I will get moderated to say the bitter truth, but this is hot copper, you can't say negative about the stock!!!
 
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