forget a placement imo. They have enough cash to do what they need. The company could do some sort of deal on that high grade and drive a solid cash flow to more than meet all their cash needs right up to the point of building a mine imo. Their cash burn is not that great. That high grade stuff is grading 11% near surface. One of those old hits was 9m x 50.49%cu. (like another one of those today) That high grade is worth tens of millions of dollars to the company and is easily mined near surface and trucked to a smelter. SFR had a similar high grade component. Me thinks a smelter would eat that suff and it could even be concentrated imo. This is another positive thing anout AVB, they have options into their development. They have the ability to produce s saleable product before the larger plant gets built and pay the bills. dyor.
AVB Price at posting:
10.5¢ Sentiment: ST Buy Disclosure: Held
