AVB
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0.00% 16.5¢ avanco resources limited

when is it going to be in production, page-25

  1. nectar38
    2,622 Posts.
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    27/12/10
    20:49
    Post #: 7662267
    Yes JW Pepper is correct!

    Production, even shallow low cost copper DSO shipments are expected to commence by end of Q2 2011.

    Avanco is going to use the proceeds of the Trindade North Iron Ore tenement sale to Vale (between $10m to $40m Cash payment) to commence mining operations!

    These guys will be cashflow positive very soon!
    AVB Price at posting: 13.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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