good post bangs.
just curious though, why would they need to do a cap raising if they have already said they are in discussions with "a number of potential partners" (see the last activities update oct 26th) to jointly develop the Antas copper site?
Presumably, they would ask for a nice $$ farmin from the winning partner, and this could ride them thru their nickel drilling and allow free ride for initial cooper devel...
Over the long term, ofcourse they will need more money to move to a major producer, but I believe in the short term, they might surprise with a partner and extra $$.
Just a theory, and regardless, there are big things happening so good luck!
R
- Forums
- ASX - By Stock
- avb is a bargain
good post bangs.just curious though, why would they need to do a...
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)