Nice move from the company to roll out this investor update and great to follow on from last weeks announcement. Makes it very easy for investors and the market in general to get a handle on exactly where Avanco is at right now and maybe gain some SP traction.
Some hints around some of the numbers involved for the upcoming scoping study. Also the fact that we have a "hungry smelter" within trucking distance. Tells me they what the Cu and AVB management are negotiating the best deal possible.
The Physicals Update illustrates that Stage 1 will be HIGHLY profitable and that it is open at depth.
Clearly the only question now is how this will be funded but I think we should have the answer to this very soon and I don't anticipate any issues here. Just a matter of time now IMO.
Lets see these last two announcements are the start of significant news flow.
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