iron-ore-vale, page-13

"I would hope the market will appreciate the next jorc upgrade a little more this time as a break through 600kt would be a significant goal acheived by the company."

Why is 600kt more significant than any other number? We have seen time and time again how the markets react to JORC upgrades...with a big yawn and there is nothing to suggest this time would be any different

There are hundreds of companies out there doing it every day and getting the same treatment

The market, it appears, believes that as an explorer, AVB is worth between 60-90 mil dollars....it will never be valued based on its in ground resource

I appreciate that there is much drilling still to be done but a siginificant re-rating, I believe, will occur only once the market has seen how and when value will be added by the initiatives of management, and not by the drill bit.

Until then, it seems we are destined to watch the share price lurch and slutter and jerk and choke while AVB hangs onto its gains with the ease of passing a kidney stone.

As for Vale stumping up 40 mil?..Given the general current sentiment towards resources ( and to iron ore in particular) and spending cutbacks by all the majors, the chances of this are remote in the extreme. If TP pulls it off, I will be the first to congratulate him but I'm not looking for his phone number quite yet