As already brought up, the Quarterly is just to report...

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Roller62

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28/04/21

13:47

Post #: 52782659
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Originally posted by GD4: ↑

Hi Sam,

Good question which would involve further communication from head office. The wages component was 0.679M per quarter, the rest we don't know. The question would be how much early works have been done at the mining site and how much still needs to be done, we really don't know this.

Also just how far away is finance considering that the FID is due in July or August "at the latest" according to Nigel's last interview. My point is that we don't have to pay the almost $3 million for drilling any more, and for me personally that means that we should get to September and hopefully FID without a cap raise..

The real issue for me is that SEZ was not announced in this update. Is this because it is really close as one poster had reported. Is the announcement just around the corner. How much weight does this carry to a Equity partner or even a JV partner with the extra percentage ownership. If the SEZ comes through and we get extra percentage and this goes towards equity stake then I would think that we would not need a cap raise. Just my thoughts but I hope we don't need a cap raise.

AIMO
GLTAH
DYOR

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As already brought up, the Quarterly is just to report historically what has happened over the last quarter.

I would expect another announcement imminently.

Last edited by Roller62: 28/04/21

AVZ Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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As already brought up, the Quarterly is just to report...

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