Nov 2014: Bank Due Diligence of Geology, Mining, Plant, Engineering & Capex/Schedule Completed
Funding Source: $12m Blackrock, $30m* Banco Votorantim (lead banker), $28m* Syndicated bank(s)
US$70m Total
Id imagine Banco are working with the syndication banks to get all finalized. We are on their timeline.
Lets hope for a earlier than Christmas present though
Whilst its like watching the grass grow from this side, I'd bet all is under control.
Go AVB
AVB Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held