However, this is unfolding to be too monster of a deposit to be relayed with synoptic procedures. I think that Mr. Eckhoff is happy to comply with the developments.
Possible GST discount benefit will satisfactorily compensate for delays, for those holding over 12 months.
On the JNS deal, it has been put in place to address the capping issue. Nonetheless, it is speaking two languages IMO. Good cop, bad cop. 10-day VWAP of +30c, to accommodate the suitors need for a leash on SP appraisal, but lets face it, SP should have been there now. There are no guarantees that it will stay there with the consecutive releases of drilling results. Actually, it is very likely to hit way north of that, but AVZ board had not set such a target. Obviously JNS were happy to accept.
Whoever wants this will eventually have to man up !
AVZ Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held