Depends what the first drills turn up.
If they hit big it should be too hard raising money given AVZ valuation.
If they turn up sweet nothing, well then it’s a different story. The hits have to be decent, AVZ & Tantalex have done well with big hits but only AVZ has gotten the good run in valuation.
If you don’t want to wait for results or time for a JORC, you know what button to press....
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Price($) | Vol. | No. |
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21 | 15140374 | 0.006 |
26 | 17074633 | 0.005 |
8 | 5687595 | 0.004 |
4 | 5170001 | 0.003 |
Price($) | Vol. | No. |
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0.009 | 2163959 | 5 |
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