shareprice will stall until ful conditions met

Its really that simple- may even go down until this is sorted which could take a couple months in todays climate

The main conditions precedent for the drawdown of funds include, but are not
limited to:
Ø? Avanco to contribute with a minimum balance of US$12m loan equity
component.
Ø? Project to have an Installation License and Mining Permit or Trial
Operating License and Trial Mining License (Avanco received the latter in
2012) from competent local authorities.
Ø? Banco Votorantim’s review of the definitive cash flow model, which must
indicate a minimum debt service ratio of 1.3. (Current modelling indicates
the ability to meet this requirement).
Ø? Final corporate due-diligence and approval by Banco Votorantim’s
internal committees.
AVANCO RESOURCES LIMITED
Hedging is not required. Avanco retains the right to examine alternative debt
options with other financiers.
As one of Brazil’s biggest commercial banks and part of the Votorantim
Group, Banco Votorantim has considerable project finance mining expertise.
CORPORATE
The concept of staged development makes for a compelling story and Banco
Votorantim’s indicative willingness to participate in financing of Avanco’s first
Copper Mine validates the strategy.
Avanco is pursuing funding for the minimum US$12m loan equity component
by targeting transactions where Stage I will be fully financed with limited
dilution to shareholders. Several Term Sheets inclusive of Metal and Royalty
Streaming options are being examined.