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0.00% 16.5¢ avanco resources limited

vale deal and getting needed $12m part finance, page-20

  1. Glenn_Archer
    1,284 Posts.
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    30/08/13
    11:54
    Post #: 12265890
    The biggest issue is that rxm south Australian project had a capex bill around the half billion mark and we have $50-70m for an! Rxm will need a big player to farm in whereas ours is nearly financed by band debt. So we keep 100% of our assets. IMO, dyor.
    AVB Price at posting: 8.7¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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