Read the report and ultimately, I think the current market reaction is to be expected. It's not unexpected news and everything is going according to plan, which is awesome because a company that's able to deliver on its promises, is a company that I'll trust.
I don't think we'll get any amazing +50% days in the coming days, however, I do think we'll get a very solid rerating in the coming days to months. Come December, I don't think we'll be around these regions anymore, upon the release of further announcements confirming development.
The company is proving to its shareholders and a market that it has a goal and it aims to achieve that goal.
On the fundamentals side, the assumptions the company has made is much more reserved than the D&G presentation. This is a company that has $20mil in the bank, producing positive cashflow. They haven't mentioned any possible financing options, however, managed to spiel reasons why this isn't an issue, and truthfully speaking, I don't see this as an area of concern. Financing seems almost guaranteed without heavy penalties to the shareholders.
AVB Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
