So if I'm not mistaken everyone is now convinced that AVL may not succeed due to the downturn in the economy, and the one year delay in the PFS. Why the sudden change in opinion? Two days ago, most people were convinced that AVL was a banger. If the Chinese demand for steel drops off for a while, that doesn't change a thing in the long term. Yes, projects won't get funded during the downturn, but the demand will shoot back up when the overall economy improves.
Don't you all think everyone is being a little short sighted?
Ann: Gabanintha Pre-Feasibility Study and Maiden Ore Reserve, page-152
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