AVB 0.00% 16.5¢ avanco resources limited

nervous nellies selling, page-33

  1. 3,382 Posts.
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    Hi! Newland,
    It will come between this year and next year. Only need the timing. AVB's drilling programme is not complete yet. They have enough cash to do drilling and add to their copper,gold and silver inventory at this stage while they are waiting from the answer from Vale's money. They might have 3 options. One is they will start mining once they receive the Vale's money or second could be they can have off take agreement with Copper mills and get finance. Third will be swalled by Big Fish. They will have enough cash to drill until next year. AVB's drilling results were very successufl like dig and hit story. They can easily add up to 1 mils tons of Copper by next year. You can imagine How much the big fish will pay for 1 miles tones of copper, half mils OZ of gold and mils oz of Silver Proven JORC resverve of this little Copper exploer AVB at that time. I don't think not less than 50c. 6 digits rewards is on the card for patience and long term investors. Where can you earn that 6 digits money in 2 years time frame. Definitely not from investing the house, Bank deposit IMO.
 
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