AVB 0.00% 16.5¢ avanco resources limited

hole 21, page-10

  1. 13,667 Posts.
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    costs more to produce? That 1.70 USD total cash cost figure was done when the AUD was buying around 85 cents. The margins would be even better now. Only 1.8 million AUD required as pre-capex startup to start generating excellent cashflow? We limit dilution and expand faster..yet you feel it doesnt make sense to go ahead with it? I would rather they dropped the nickel exploration and started up the DSO operation. Would probably cost the same. hmm. IMO the approval process has been delayed for the trial mining license. Lets hope they can sort it out because at the end of the day to be a self funded producer/explorer is always going to be the best option. Anyway I'm off to bed.
 
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