lets face it, the grades arent high enough to get incredibly excited about.
when the discovery was first made, the stock traded upwards of 20c because of the SFR type potential. since then, the grades simply havent produced and this has turned into a low grade deposit at depth.
the company is now actively exploring other regions to try hit a deposit with better grades.
grades are all important. high volume low grade = small return. hit a 10% plus intersect and we're suddenly talking possible low volume high grade = high return...
and whats more, the market isnt really interested today...
AVB Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held