AVB 0.00% 16.5¢ avanco resources limited

The other thing that is niggling me is the royalty deal with...

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    The other thing that is niggling me is the royalty deal with BlackRock. At the time it was first announced we didn't have the money from the two CR's. So at the time it made sense. Since the the two CR's and Appian coming on board for the same commitment as BlackRock without any royalty deals, there was some hope that the BlackRock deal may have been renegotiated. Now that it is locked away, I wonder why we are giving away royalties well into the foreseeable future because of $12 million when we already have 3 times this amount in our bank.
    One more thing that is also niggling me is it is now obvious that the Ore Reserve announcement is being held back until the FML is released. Yet up until now that were separate items as far as timelines went.

    I did say I was going to wait for the Q2.
 
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