AVB 0.00% 16.5¢ avanco resources limited

dump the br deal, page-24

  1. 6,689 Posts.
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    Has anyone noticed that most moderated posts happen after 6:00 PM? Hmmmmmm.

    A few hours to go for anyone to post further predictions to what the CR is for.

    I'm sticking to the money is needed for infill drilling to Stage 1 to satisfy BR and the bank. An extra amount of dollars could be added to drill the western areas perhaps to satisfy the "if you don't use it you lose it" rule.

    The extra shares will go to BR (Citicorp?). That's my final guess.

    I also believe that the dilution will be counteracted by the prospect that we are a positive step closer to expanding our business in Brazil with stronger support.

 
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