Ann: $5 million to fund development of Isabel Nickel Project, page-46

Hi all,
Big night I see on the AVQ threads.

For those posters who lag in their research;

*This placement CR - for further development of  the Isabel lease to production.
*This placement CR - $5m part of capex- rest of acquired Capex derived from;
- Courts (management extremely confident)
- Options (in the money)
- Forward contracts (advance discussions) and a phase approach to production
= CAPEX.

CAPEX;
Infill drilling
JORC
BFS if needed
All site implementation targeted at production.

and for those who still advocate Ryan is misleading shareholders; Ref;  WilsonHTM/Axiom Mining Limited