AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund further work at Manono, page-261

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    AVZ’s Executive Chairman Mr Klaus Eckhof said “We are committed to an aggressive work schedule to advance development of Manono as quickly as possible".  I hope that Klaus and Co will back up their words with concrete actions.

    Just 4 weeks ago, they announced that "it is expected that JORC compliant resources will be calculated in early Q2 2018", just to change the tune less than 4 weeks later in today's announcement "Phase 1 drilling program to be completed in mid Q2, along with definition of an initial 2012 JORC compliant Mineral Resource estimate".  Their timing has more elasticity than the rubber band.
 
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