AVB 0.00% 16.5¢ avanco resources limited

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  1. 1,362 Posts.
    lightbulb Created with Sketch. 19
    You know avb has 65 million in cash available

    another 28 to come

    so I don't understand the big issue with getting the next instalment

    suppose the big risk is the long term view of commod prices

    There needs to be a few copper mines to go bust thus impacting supply

    If copper continues to trend down cheap suppliers like avb will survive and rise to all time highs as it expands its business
    The sp is showing weakness, resistance has been recently around 8.7

    so the next few weeks avb needs to find some stability

    gee all mining stocks are on the nose

    thought I would never see the day even ones like avb with cash great fundamentals and brilliant future prospects

    frustrating hold at present
 
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