AVB avanco resources limited

what changed, page-8

  1. 13,667 Posts.
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    Hi CW..Cheers for the post.

    you mentioned that "one cheap option is to build a concentrator - circa $20M cost and modular so easy to scale up later."

    I think its important to note that pre-production capex to get at the direct shipping ore is only at 2 million US dollars and then the additonal capex for the concentrator can be funded with the DSO cash flow. We should be able to fund everything from the HGZ DSO which is why the trial mining license is key and I believe this is a major announcement that I am hanging out for.

    Throw in the potential for other HGZ's and yes we have an explorer/producer that will be very capable to support themselves.
 
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