I can read the report and it tells me that right now they have NO JORC RESOURCE (over 18 months delayed) and NO MINE DEVELOPMENT finance in place to finalised the development of a mine. AVQ have a long history of over promising and under delivering with timeframes sometimes years behind schedule. AVQ was meant to have San Jorge in production in March 2017 (go check the presentation from late 2016), so their track record of delivering outcomes on time is not great. Therefore, until the mine development finance is in the bank nothing is certain. Either way its crunch time for AVQ in the next Qtr.
AVQ Price at posting:
9.0¢ Sentiment: Hold Disclosure: Not Held
