Outlook Well I think things are looking good for Avanti. We need the moly price to say where it is for a bit which should shut down a few more expensive producers. LOL.
Next up will be off take agreements and financing. I would guess that we will see a 1:5 or 1:10 roll back but that is still fine since the value does not change and it will make things easier for the financing.
I just wish that time moved a bit quicker. I think people scared of a rollback might be staying away - however I don't think that they will rollback the number of shares without a string of news to push it upward. The majority of shares are owned by RCF and Seah - so shareholder vote is a non-issue.