GREY:AVGCF - Post by User
Comment by
art27on Jul 13, 2010 12:45pm
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Post# 17265451
RE: RE: Avion going forward
RE: RE: Avion going forwardIt will be interesting to see them double the plant capacity. If this year they produce 80k oz, next year we can expect Avion to produce 160k oz. And they will be mining the high grade ore at Dioulafoundou(21.77 g/t Au over 21.0 metres will be low mining cost). This is a nice longer term hold. I think $2.50 SP is possible sometime next year if they stick to the plan and POG stays just where it is.
"The plant capacity has been planned to increase from 2,000 tonnes perday to 4,000 tonnes per day. Avion expects to award the contract inJuly, 2010."