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....
Ann: Becoming a substantial holder, page-11
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