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seph17

775 Posts.

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17/09/18

19:33

Post #: 35655023
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Originally posted by Kokoda4013 ↑

Omg ok let’s talk basic facts , and the blue sky crew are delusional

Avq has hardly any funds !!!!

If they win the license to mine with a signature , do they have funds to proceed????

More capital raising to fund mine, which will be extremely expensive !!!!!!!!

The land owners expect compensation !!!!!!

Avq will just dig up soil etc to then ship to be processed !!!!!!

Processing company will want payment. Shipping will want payment . !!!!!!!

Avq admin costs are extremely high and will increase once they are actually doing something . It’s not as if Ryan will reduce his wage !!!!!!

At what point does cost out ways profit ??????

These questions are for new investors to just think about , and then work out what is the best option for them .

To the positive rampers, the funds are deminishing !!!!!!! What was the balance sheet just after the court case????? So that would give an idea of expendure and costs with no income. Even if they were to mine tomorrow ( impossible ) , income would still be months away with heavy heavy expendure .

If you can tell me differently I won’t post again

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Very sad but correct Kokoda
My investment is shot!
Even if RM pulled a rabbit out of a hat? No funding , no cash...
if somehow a license was approved and a funding agreement lined up.. seriously people...
What possibly could the share price go to?

AVQ Price at posting: 9.7¢ Sentiment: Hold Disclosure: Held
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