AVB 0.00% 16.5¢ avanco resources limited

No AC...not justifying my investment...not concerned that it is...

  1. 10,588 Posts.
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    No AC...not justifying my investment...not concerned that it is taking longer than first expected...it's a mining project after all. That doesn't mean I wouldn't like it done sooner but it also doesn't mean that my analysis is so shallow that I'd ditch what continues to measure up as an outstanding investment by having tunnel vision about just one criteria. The reality, only 12 weeks since mining licence granted and negotiations for $58 million take time (especially given the macro ructions) . Having said that I'm still looking forward to news.

    I'll also be sitting on a handsome return with only stage 1 running...you might think EBIT of $5o million doesn't count...I do.
 
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