So avq have really , let’s be honest, not much cash . They are going to try and get loans to finance the mining which let’s be honest will take 12 months . The loans will have compounding interest since no payments can be made till sales of Nickel.
As before what is the cost to mine and processing with all the other costs such as infrastructure, wharf etc etc .
So what is the profit after loan payments , wages etc
If I seem negitive it’s where did all the money go , and now no money , AVQ now need to borrow .
Just a fact , shares will be sold to help fund some movement , and so more shares = dilution . So your shares are reduced in value as there are , let’s say 5 million new shares
AVQ Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
