Australia's largest stock trading and investment forum Australia's #1 stock forum

AVB

Click for more information

0.00%

16.5¢ avanco resources limited

Well said nh.and for the above reasons no options vote for me

First 276 Last

Share
Profile

Follow
baliboy

3,012 Posts.

117

29/05/15

13:49

Post #: 15377001
Share

Originally posted by NoelHenry ↑

Just a hunch (but a strong one). The timing is right to see a serious calibration in Avanco share price.

Yes dilution, yes underperformance from management, yes delayed mining licence, yes delayed finance, yes stuck in a rut, yes copper under performing. However, market cap of $150m for a $7b resource way out of whack, management about to meet expectations and sign off on debt free mining, with the cream/profit coming our way and not the banks, copper future looking bloody solid.

After many many years of waiting, and waiting and waiting, the dream is about to become reality.

It is difficult to see ONLY upside from here. Profitable mining, exploration in one of the worlds richest lands, multiple tenaments, experienced management will capitalise on turning this penny dreadful explorer into a successful mid tier mining company.

NH

Expand

Well said nh.and for the above reasons no options vote for me

AVB Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 210 more messages in this thread...

First 276 Last

Add AVB (ASX) to my watchlist