Possibly. I just think...OK easy in hindsight...that when finance fell over plan B was rushed into...IE 600,,000,,000 dilution in order to fund mine build. With Cu price in the pits so to speak what was the rush? Why not increase drilling at PB and see what is there...or what more is there and then do a CR for a larger plant there...Or wait to Cu improved and do a mix of finance and CR??
Maybe the right decision in light of market conditions was to wait a while. Something has to explain the dismal lack of interest in AVB as a Cu producer. OZL (& no I don't hold!) have almost doubled in the six months of the AVB mine build.
AVB Price at posting:
7.3¢ Sentiment: None Disclosure: Held