Mining by mid April according to that chart from last years presso. I am pretty sure that some of us said at the time that was never going to happen. Mining by mid April next year, maybe?
AVQ always over promise and under deliver, by a long way. Despite this they do two things well. Raise money and spend it on salaries and overheads. Given their performance to date I am surprised that RM can raise any money at all. When timeframes slip by as much as they do, RM really has no credibility at all. However, he still seems to be able to raise money. Most MD's who make the claims he does and then never deliver, would have no hope of raising any money, but somehow he manages to do it. He does not create any value for shareholders and he takes a lot of the money he raises in his salary, but he get the money. However, in the end it is about creating value for shareholders and this he has not done. I suspect with this next capital raising the well will be about dry. We will see how successful he is at raising the $$ this time around.
AVQ Price at posting:
16.0¢ Sentiment: Hold Disclosure: Not Held
