Why have all the naysayers appeared all of a sudden? If AVQ were given the rights to mine Isabel, it would still need a capital injection - plain and simple. Let's play out the worse case scenario. A CR to raise $10M at 30c. That's an additional 33M shares on issue. But, the company will be mining one of the largest laterite nickel deposits in the world. Its no longer worth $100m. It will now be worth say $200M (day 1). For an additional 33m shares, SP will be $0.57 (rather than $0.62 without dilution). Perspective goes a long way people. Focus on why the money is raised
AVQ Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held