only had a quick glance at AVO today so stand to be corrected...

only had a quick glance at AVO today so stand to be corrected where wrong;

i think AXM have the wood over them, they only have a 1.5mil ounce resource which seems to be a lower grade than AXM who have 3mil ounces. both have a 1mpta plant however AXM is targeting 200koz and AVO 170koz production.

both secured approx 70mil. both have put options though AXM seem to have a higher price locked in.

AVO is all undergound it seems? their upside may be Chalice is that open pit?
not sure what costs/margins AVO are targeting??

AXM do have more shares on issue.