20 c party, page-48

Hi Rhys .
I think you are earnest as well which is why I’m not being ‘narky’.
First what I know about the funding stuff was gleaned from conversations with an investment banker who I hold in high regard.
Not the kind of banker who tells customers with money where to put it.
He has worked -internationally - as a bankers banker with the job to look at which - of a myriad of unfunded projects out there (all waving their arms and saying “pick me” ) he thinks are worthy of supporting.
DYOR but I suspect this goes across the board for all institutional funders and there is actually a lot of investment put into this money game by companies
(Eg when Red 5 needed more money once it flew reps from a whole bunch of banks out to the site and gave them a bus tour and ‘show’.
This holds true for even the big ones - MIN, IGO, FMG etc. Ie you look after your bankers and show them you are performing as expected or better!

I understand it matters to you whether AVL chooses to process ore at Tendinewa or on site but even if this is known already I expect Wood as an objective expert needs to assess ALL ramifications that it can for both locations based on company information and it’s’ own research/knowledge before anything officially can be said.

Personally I am more interested in if any kind of potential acquisition of Barrambie is also on the cards - being factored in given the finance issues at the owner and after the mysterious mention of further acquisitions(?) somewhere recently plus the extension of options there cited in the last AVL quarterly .
Anyway as said - I am no expert but in this case am trying to share stuff that I have learned (as much as I understand that?) and to call out posts here that are plain silly.
Maybe that makes me a recalcitrant?
if I don’t play along with bossy big wigs spouting nonsense then so be it!


Have a good day
Cheers