AEV 0.00% 0.9¢ avenira limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-222

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  1. 884 Posts.
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    Only brief look at the company when I was offered the IPO, something something 25mill raise I think, immediate acid leaching if copper stock piles to fund cash flow for further development of existing deposit.

    didnt take it as it isn't big enough in scale and copper plays on the asx are all fooked.

    but hey, still get a shovel in before aev.

    on the positive side, less wages aev has to pay, so maybe 60k less cash burn next Q.

    on the downside looks like time lines are gonna be even more f*ed, and I'll be right again.
 
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