avb is ticking all the boxes, page-21

No need to draw down and incur interest payments while we still have some of the CR ($13 million?) left in the bank.

It's sad that with no announced bank finance yet, we forget that AVB has actually started building the Stage 1 mine thanks to the CR.

I suppose where some are getting impatient is the long process involved in getting the finance. It was first announced way back on 13/06/13, nearly a year ago. That said, we have progressed with the ordering of mine plant, mine geotech and design in the same period. This tends to get lost on some people and probably the market as well.

Last year our average daily volume was 3.3 million and average price was 7.2c. This year average daily volume is 2.2 million and average price is 6.9c. You can undertsand why some are losing patience right at the pointy end.

Sentiment: Not much longer to go