There has been a distinct lack of sellers/supply for quite some time now and the majority of posters (including some respected chartists such as Toasty) have the belief that the reins have been placed on the SP for the time being. This is a bullish indicator IMO.
Todays announcement is basically an update to keep investors informed the exploration has commenced. Its not a discovery so I don't think anybody here is expecting the SP to react in any particular way. Great to get an update, exploration has commenced on some exciting targets, management hold enough confidence the finance is close and we have potentially some new land packages being offered.
AVB Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
