Yes wasa..it seems that irrationality has almost reached an art form here! The Quarterly and the latest presentation really confirm the solid position that AVB is in. The state of the matters within their control indicates clearly that Management is doing a first class job. The major impact on AVB is beyond their control..obviously surely. If this management had not used the opportunity to be at the front of the queue when the POC recovers then some criticism would have been justified. But read the Quarterly, study the presentation! All the boxes are being ticked. Any emerging miner would give their last $ to be in our position....and of course just to remind us AVB is no where near their last$....the opposite is true. I have dabbled in emerging stocks for many, many years and would struggle to find a company that has so carefully planned and implemented its objectives. When the POC collapsed there was no panic ....just very careful implementation of strategies that will eventually multiply the returns to shareholders.
They have brilliantly turned what was a fatal environment for many companies (some very big ones too) into a very advantageous one for us. Cheers
AVB Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
