AVB 0.00% 16.5¢ avanco resources limited

oversubscribed , page-21

  1. 6,689 Posts.
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    The $3 million for a deposit on Mine Equipment is interesting. Would have thought that cost would have been in the $70 million. That says to me that we are going to start procurement before the $70 million is available.
    So $3 million of the $70 million will be spare for other things.

    Looks like we needed $4.5 million anyway for drilling and engineering on Stage 1 before we see any of the $70 million. We needed a CR regardless. AVB took the opportunity to grab some more while the interest was running hot.







 
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