AVB 0.00% 16.5¢ avanco resources limited

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  1. 3,734 Posts.
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    Geez guys - try to be a little objective. Look around - small cap mining sentiment is pretty much at the bottom, though there had been a resurgence brewing June through August before the correction. Just take a look at a few, even the likes of BHP.

    As for CDU billyjack - they are about to commence production on a very solid resource in Australia and their market cap is presently $326M. AVB is a couple of years away, depending how you treat stage 1 to 2 transition and market cap of $146M is not that bad by comparison. Both are undervalued - sentiment. Appreciate you're not as peeved as some others, so guys get a grip about management, marketing etc. It's an overall malaise, we're in great shape and sentiment will turn eventually for the base metal miners. Below is one year chart showing share price of AVB vs BHP vs CDU

 
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