On the one hand, more cash, looks like things are progressing much quicker then expected and it looks like we will have stage 2 and 3 up running much sooner. It is also a huge confidence booster. Reading between the lines I think we are now pretty much assured the mining licence, all finance agreements to be ticked off and that the JORC will be in place before June 30.
On the other hand I am grumpy because I could have picked more up under 7 cents/share. I also am not too happy about more dilution, hopefully there is a consolidation coming in the near term.
AVB Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Held
