Pumpa, well done. With work like that we don't need to pay a consultant.
In terms of spending money on publicity rather than drilling or building a mine, it's a complex issue.
Damned if you do and damned if you don't. Think it is a bit funny too, that many of us talk about the long term and fundamentals but react to the short term fluctuations in share price. If the company continues to increase their resources, builds stage 1 mine even vaguely on the current timeline etc we will re-rate. People will hear about AVB.
The attitude of Simon Mottram at the AGM was very clear. You didn't need a masters degree in psychotherapy (which I have) to see that our senior geologist is both pumped and relaxed about the resource he has hold of. AVB are as, a few of us have been alluding to over the past year or two, in elephant country. SM's attitude is a refreshing blend of excitement and matter of factness. I believe he knows he will keep finding copper, that there are many stages to come.
Matthew Wood, to me, appeared very confident of finding the money to get the stage 1 mine happening post haste and with no capital dilution. There was no prevarication, simply a response that he would be back to us within a month or two. He knows what the options are and is confident of nailing it, I would humbly suggest.
Every one that has reported back from the meeting has confirmed the air of excitement, purpose and focus in that room. We will not have to wait very long to find out if the money is forth coming. If it is, that will be my signal that the future of the long-term holders is secure and if any one uses the word "speculative" after that point, I will know they are either under researched or mentally deficient!
13,000 tonnes per year with the profits inherent in the scoping study will fund a lot more stages as AVB grows.
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