I believe its big 2 bound by pen that have brought us here....

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18/09/15

17:25

Post #: 16019666
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Originally posted by guspoyet ↑

HH

I disagree...

If the SP has not stumbled due to this theoretical seller (if I am right), then the SP would be around 7-8 in my opinion, again with few buyers.

No buyers in this market, when we head into production and we see PR then hopefully yes.

So the fact we are 5 something instead of 7 something in my mind is due to a seller, not lack of buyers.

Its easy to talk about lack of buyers, (yes of course we are all disappointed, but that does not mean we are worried), when the market is in a bad place, the question I perhaps answered was... is the SP drop to below 6 directly linked to the drop in copper price as alluded to by Awoonga?

IMO I am not convinced it is 100% due this one factor because AVB copper is being mined next year, and AVB is a long term copper play with low cost potential and copper supply problems should act as some sort of support , or at least slow down of a declining SP.

I have argued that there is probably some kind of seller in play, thats all

DYOR

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I believe its big 2 bound by pen that have brought us here. Normal market activity however avb is painfully slow because of such. Some may know of the stigmata attached, well highlighted during gfc. They emotionally fist you, and you, and you, in essence.
So many different ways to look at it though gus, and really, if someone posted the truth it would be forgotten the next thread.
Nature of the feast.

AVB Price at posting: 5.9¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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