All the AGM posts IMHO are a fairly good summary on the meeting I attended today, so I will not repeat them word for word.
My take home in no order.
* $72m in $US held in Aus banks which has yielded $250k to date and likely more due likely rise in US interest rates and the Aus dollar fairly stable (not to be underestimated)
* Nick, the bell potter rep confident other insto's will get on board when we actually mine ( real $ performance) therefore de risked.
*Debt free, so banks can not influence , stop production , affect PB expansion.
* The team highly experienced and excited/committed.
*PB open to the East which has the most impressive density and similar cu grades to the west = expanded high grade tonnage
This stock to me has it all from now on for all types of players to hopefully make money (exception Shorters) LT ST TA FA ETC
Good fortune to all (except Shorter's)
BJ
AVB Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held
