AVB 0.00% 16.5¢ avanco resources limited

Ann: Quarterly Cashflow Report-AVB.AX, page-16

  1. 6,689 Posts.
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    Firstly we'll have to adjust to US dollars being used in the reports from now on.

    Predicted Cash outflows for Q2:

    - US$4.5 million for construction
    -US$0.00 for production? How can you not have cash outflows spent on production? Can an accountant explain that one for me?

    We did predict hauling ore from PB to AN. Not many thought it would happen.

    If we do decide to haul from PB then the road will need upgrading at a cost. I don't see a lot of money being made out of this option in the near term compared to increasing mine production at AN instead.
 
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