A 1400% growth in share price over 3 & 1/2 years with a 300% growth in profit after spending all of the profit on PB? Good luck with that.
As AVB management have said (at the AGMs where only a few shareholders have the money and time to attend ) the return to shareholders will happen when PB is a 100% reality.
There are two milestones that need to be achieved by 2020 before shareholders will ever see a reasonable return on their investment.
1. Copper price above $2.50
2. PB at full production
If you believe that both are possible then stick with your investment for the next 3 plus years.
AVB Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
