Ann: Advance to undertake drilling at the Myrtleford Gold Project, page-69

Of course the MC will increase with good drilling results but who can guarantee? Otherwise why the mine was sold? Saying 100g/t Au is a pipe dream, the seller is not a moron.i admit it’s not high risky at current price and that’s the reason i might reenter after the CR.>>>>

If the vendor didn't believe the Vic projects have potential ..
( would you sell a business to only get shares in the purchases business if your Business was crap ??? WTF basic's!!)

#1 keeps 20% of the project

#2 takes AVM shares as the only payment alongside 1% NSR ??????????

Wouldn't you only want a capital payment and get as far away from the project as possible if it's got low potential ??