AVQ do not control when and if they get Kolosori back. They have to participate in the process, put their best case forward, but the SI government controls the process and the timing. The only thing they can control is the work on San Jorge and the definition of the mineral resource. AVQ must be getting close to releasing more drilling results from San Jorge and then will follow the San Jorge Mineral Resource. That resource is going to be make or break for AVQ. It does not appear that they will get Kolosori back before they announce the mineral resource for San Jorge so a lot hangs on that resource. If the resource is viewed by the market as being capable of sustaining a DSO operation then AVQ will be OK. If that resource is viewed as too low grade and too small to warrant a DSO operation then things are going to get very tricky for AVQ. In the meantime its just a matter of waiting.
The other thing AVQ can control somewhat are their costs. When you have lost your best project and you are burning cash by paying your MD a crazy salary for an exploration company, perhaps RM should take a serious pay cut until he actually achieves some goals.
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