AVB 0.00% 16.5¢ avanco resources limited

Ann: Project Finance Update, page-21

  1. 629 Posts.
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    So with Black Rock finance arragnements executed, one of the conditions for BV finance has been satisfied - the $12Mil required to obtain $58 from BV and syndicate. TICK

    Also, BV Credit Committe has approved their share of $58Mill ($30Mil), although still non binding and arranging the rest from the syndicate.

    I think this is a good very update and to me suggests that once FML is received we will very quickly progress with Mine as Finance requirements are being finalised.

    Wasn't the Ore Reserves also a condition for BlackRock finance?
 
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