didn't think u were having a go at me...must be my tone )
There is always risk but the value hasn't even started to accrue to AVB yet. There is a long way to go on this journey on many levels. I sincerely believe we'll be an ASX 300 company before too long and perhaps better things to come after that. The Carajas is a mineral district a little like the old Broken Hill or Mt Isa regions...some monster companies started out as tiddlers in those regions. It's not impossible (AVB have the technical/legal/ team and a fantastic set of extensive tenements) that AVB won't replicate those sorts of successes down the track...no guarantees in this game though. I'm happy to start with a stage 1 project that will give an annual 3 to 4 cents per share profit based on the current proposed pit and thereby fund future expansion from cash flow with stage 2 already well and truly identified and more opportunities likely to arise.
AVB Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
)
