AVB 0.00% 16.5¢ avanco resources limited

holding steady, page-33

  1. 6,689 Posts.
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    kingkev,

    LOL, I don't think the power should be an issue now that the construction start date appears to be put back waiting on finance approval. Hopefully the application to get the power connected is still going through the local authority while we wait on finance.

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    Looking further down the track, AVB were predicting first production late Q2/Q3 2015 based on a construction start this quarter.
    If this was the best timeline then a construction start date in Q1 2015 would lend itself to a first production date in the Q4 2015/ Q1 2016 range.

    If we take out the "convenient" exploration results on one hole in time for the AGM, we haven't heard a significant "whisper" on how we are progressing on any front for nearly two months.

    Yes, that's right we need to trust our management to get on with the job but obviously in recent times they aren't progressing anything that is significant enough to be price sensitive.
 
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