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clock Created with Sketch. 04/03/19
17:49
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Originally posted by mboose:
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Y 1980; are now contradicted by the announcement AVQ made coming out of trading halt only last week. AVQ in that announcement last week stated, the purpose for the use of some the funds AVQ seeks under the financing and off-take agreement currently being considered by both parties, will be used for the acquisition of mining equipment, ore drying and barges for loading the ore to ship.!
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As you know from the announcements that the mining has commenced. This is for a small DSO, which will allow for a initial shipment of ore as advised. The other $7m is to build a full mine in the near future to move into commercial production. This is what AVQ had advised and how I interpret it. I don't try and mix the story to be a negative.
