AVB 0.00% 16.5¢ avanco resources limited

going forward, page-113

  1. 2,057 Posts.
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    Corporate, IMO Kalenn's estimates are a bit optimistic, but achieveable if sentiment in resource sector picks up.

    Kalenn's price targets are when we are producing and making a profit, so we will be "established" at that point.

    A high PE is only justified if there is a very good growth potential, and I
    Guess Kalenn is very bullish on our growth potential after stage 1 and 2.

    One company could be producing 100m and another 50m, but the 50m can have a bigger MC, because the market loves its growth potential.
    Which just goes to show how reliant the market is on sentiment.

    GL
 
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