You can't blame AVL going in for the latest SPP/CR considering they probably had a heads up about the Major Project Status. It's a smart decision to take advantage of the sentiment around the award - it makes more sense in hindsight than it did when they announced it. Even old LukeA1 was on board for about half a day!
There has been a steady stream of good ann's the last few months. Vince looks like he's working hard having travelled to China and also done the Benchmark Minerals tour during the previous two weeks as well as overseeing the raise.
The SP will no doubt take a hit in the short term and then hopefully it'll improve steadily over the next year as the pieces fall into place.
IMO - Good luck all longs!
Ann: $6.6M raised from Successful SPP and Placement, page-6
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