Australia's largest stock trading and investment forum Australia's #1 stock forum

AVB

Click for more information

0.00%

16.5¢ avanco resources limited

Might drop my line in the post day auction #too-cheap!

First 40 Last

Share
Profile

Follow
Millionaire$

1,375 Posts.

31/10/14

15:49

Post #: 14217587
Share

Originally posted by molores ↑

Awoonga has a point. And although I am one of those who supports Kalenn's view point of how valuable the resource is, Awoonga's argument on timelines is very much valid. I don't know why people are ganging up on him when his arguments are pretty solid. Look back at what we all thought in end of 2013 and when we will have mining license, JORC, Finance. Me included thought we'd have this thing done and dusted Q2/Q3 and we are now Q4 and are still progressing with the finance. IMO AVB has NOT been slow - they have been optimistic.

Will we get there? IMO yes... Will we get there before our coffers run dry? I hope so (I really do hope so especially with the expense of running full operations and the risks of commissioning and the time it takes between shipment and payment).. Will we produce as per expected timeline? Probably not. IMO because everyone has an opinion.

Expand

Might drop my line in the post day auction

#too-cheap!

AVB Price at posting: 8.8¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 148 more messages in this thread...

First 40 Last

Add AVB (ASX) to my watchlist