Ann: AVZ Fully Funded to Final Investment Decision, page-31

Good outcome for shareholders in my opinion.

I'm impressed by the confidence in the announcement title too.

"Now Fully Funded to Final Investment Decision".  Which suggest no further case raises needed before definitive feasibility study. For Nigel to be okay with that headline might imply he has a lot of confidence in the transport update which is coming which must necessarily (I believe) be a core part of the DFS.

Perhaps this means he has a lot more detail on the eastern route from Manono to Moba than he has so far put out in the Scoping Study.

A good result for shareholders in my view.

Dilutions at this stage (about 20% more shares I reckon it) will probably be insignificant in the longer term scheme of things if AVZ can deliver an impressive DFS on their planned time frame.