Get a grip mining52, don't be such a stooge.
Tell me this - the last quartely shows $1.6M spent for the year and not one drill hole. I think there were two capital raises in that period and no money into the ground. If thats management with all guns blazing I'm taking my money elsewhere.
And now they've borrowed $2.5M to get a 30% holding in MKO. MKO have clearly said there is lots of exploration to be done before getting into production so AIV are going to have to payback the loan before real results flow - more money out the door.
P.S mining52 - i note you still haven't got your hand out of your pocket and bought some shares yet - so much for faith.
AIV Price at posting:
1.5¢ Sentiment: None Disclosure: Held
