With likely 3 years before this project starts generating an income.. having another staff member on the books will add up signifigantly and contribute in no small way to outgoings.
I understand an engineer can positively effect the project economics and can carefully plan a better mining approach, but given it is so far out, and knowing we are burning through the cash - i am extremely cognisicint of the number of capital raisings and dilution required for our now big team, and all the other expenses involved with running a project of our congo with contractors, drilling and planning.
The burn is real and can predictably be projected, everything else is just on the cards and subject to the 13th dimension.. that which is yet to be.
AVZ Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held