the avb posters stand-up comedy show., page-32

OK done a bit more research on HCH...To be fair and balanced HCH Equiv resource is slightly bigger..by 25% but half AVB Equiv Grade.

Found their latest Global resource... in a drill ann just now.

They have 920kt contained CU at 0.6%

They have 1230kt when including the Equiv (Gold/moly credits) but the Equiv Grade at only 0.7% cu is still half of AVB'S 1.42%.


However AVB are further down the development path we have
- completed DFS on Stage 1,
- effectively have finance for the Stage 1 mine
- and will be in Prod in 1 yr...

They are still drilling out the resource, have done Scoping/concept, and Prob working on their Pre-feasibility at this stage so less certainty for them and much further out to mine.

Our Mcap should be above theirs...IMO


All is IMHO DYOR to confirm