AVB avanco resources limited

great analysis Glenn_Archer. AVB has already gotten firm...

  1. 833 Posts.
    great analysis Glenn_Archer.

    AVB has already gotten firm commitments for any shortfall in my opinion.

    If you read the ann, it will say that greenstone resources is managed by Blackrock and Appian... so it pretty much means that Blackrock and Appian are solidifying their presence in AVB.

    "The Placement will be issued under the Company’s 15% placement capacity to a new private equity fund Greenstone Resources3, a fund managed by BlackRock and the Appian Natural Resources Fund8.
    Entitlements"

    One would never put up that kind of money only to see a shortfall ruin their plans to go into mining.

    Money is a done deal.

    We shall got more info soon enough.
 
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