It’s not bad news , it’s just further expenditure of funds ,that the company doesn’t have to proceed
Maybe they can sell onto another company to proceed .
No good news regardless with this company . When the moment is right maybe look at options , but this situation isn’t resolved with a mining license . It just gets more complicated . Ok if you have $1000 and it was involved in your mates brick company . He comes back and says I’m broke so I need more money to finish off jobs to get paid . Sounds fair .
But he doesn’t have cash left over once he finishes due to materials etc . He says I have a massive job on a building in the city, but I need $$$$$ to get job started. Ok sounds far , to get money back I’ll fund next job
Then the big job costs blow out due to additional cost . So now u have your first debt and your second debt and no income return . Your mate is sorry but now broke , hmmmmm u did believe in his skills and trust but it’s just business . Now put these 2 scenarios to avq .
No money , need a mate to help trade , but no assets to provide as security . I’ll ask my blue sky crew to help as they believe
This is dangerous times , and don’t believe as most punters do. The most cheering is done at the end of the race . So if they are cheering it’s time to access , it’s like the taxi share advice
Good luck and shite I hope ur not overly exposed . Capital loss works if your a man of adventure
AVQ Price at posting:
9.7¢ Sentiment: None Disclosure: Not Held
