I can never get a grip on this currency conversion thing. So it's one OZ dollar = 75c US. Ok then. Thanks.
Small point but construction will be completed this quarter, Q2 (predicted US$4.5 million spend).
A general comment for those who believe that AN is at full production. AVB have said that "steady state production" is expected in Q3 or as they now say, June quarter, which is a clever dick way of saying best case end of Q2.
IMO, the biggest disappointment for me is the continuing downsizing of the PB mine in the short term.
Now we have,
"Positive progress on studies for a proposed fast track "trial mine" targeting early development of the Pedra Branca deposit"
Fast track a "trial mine"? Those inverted commas either side of trial mine doesn't lend it self to much confidence that AVB has yet found a definitive way forward for PB.
- Forums
- ASX - By Stock
- AVB
- Ann: Quarterly Cashflow Report-AVB.AX
Ann: Quarterly Cashflow Report-AVB.AX, page-47
-
- There are more pages in this discussion • 139 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)