AVB avanco resources limited

whats worst case cash backing?, page-45

  1. 1,702 Posts.
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    Hey Tweets
    Great response.
    You probably agree with me on key issue of market vacuum and forcasting more accurately when news on various fronts could be expected. The sovereign risk thing isn't the same as doing business in Aus, there is no talk of nationalising natural resources in Aus as there is in Latin America. Happy to take the wrest on the chin and it is good to see the broker reports which appeared this April (the first since 2008) Wouldn't go as far as down ramping, just would have expected this stock to fall further comparitively to seniors, given risks and how sick the market is on resource juniors at present. Surprised just how solid this bottom is at 6 cents, I suppose this sheds a good light on the stock going forward maybe. Just MHO.
 
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