AVB avanco resources limited

2015 and counting...., page-48

  1. 813 Posts.
    Hey robo

    Thumbs up from me, but to all those deep pesimistic, defeatist, doom and gloomers posting "bring on the 5's" and "5c here we come" - how about they just cool their jets a little, draw some perspective and look forward at the bigger picture of what is to come rather than dwell on the past.....

    * building the mine
    * cash flow positive in just over 12 months
    * in fill drilling to discover more red stuff
    * fast tracking stage 2

    Current share price of 6.5c has a market cap of $78m
    Current estimated resource $7b, so the conservative (and realistic) 3% market cap is equivalent to a sp of $0.16c

    Anything under 16c is heavilly discounted, anything under 10c is a bargain, and we all know that 6.5c is just rediculous. Anyhow, it is what it is.

    Personally, I'm looking forward to joining the bids today and becoming a holder again. The TA and the FA are all pointing towards bouncing and a re-rate.

    Will leave the pesimists with a slice of optimism....regarding the last few weeks of AVB's CR and financial announcements

    "...you can cry because it is over or smile because it happened...either way - AVB is on its way to become a miner"
 
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