AVB 0.00% 16.5¢ avanco resources limited

tn option agreement

  1. 5,362 Posts.
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    it is interesting to note that back on August 19, 2010 AVB announced it has entered into a 3 year option agreement with Vale regarding TN.

    The 3 year anniversary is rapidly approaching and it could be the left field sort of announcement which could see AVB, land the $12m it needs as capital for AN, (and maybe some more) to express the exploration of PB and its other exploration sites.

    Granted, there has been reported irregularities regarding the properties, but you can't hide the fact that 3 years is approaching and some sort of advice would be expected by shareholders in a bit over 2 weeks time.

    Tick tock...

    HB
 
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