AVB avanco resources limited

the $1m vale payment, page-29

  1. 370 Posts.
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    Is the 1 million payment the real issue here. It seems people are getting nervous about running out of cash and a takeover happening and the dream of being rich is no longer. Is is fine for people to feel like this and if you don't your lying. But in saying that I do have a lot of confidence in the directors at AVB coming through. Read back through all the news and the puzzle is all coming together. Mr Wayne Arthur Phillips
    - 500,000 unlisted options exercisable at 20c on or before 30 April 2013
    - 5,000,000 unlisted options exercisable at 18c on or before 30 September 2013.

    This isn't that far away. I don't believe Wayne would have come back on board if he didn't believe that the share price couldn't reflect this within the next couple of months.

    I am holding and waiting on news like the rest of you but don't get bogged down in the little things and look at the big picture. Good luck to all those that hold out like myself.
 
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