carajas stage 2 update announcement, page-18

Glen Archer...you're on the money but many will miss the significance of this for implementing the companies rise to mid tier status. Those who think a little deeper will recognise the worth of this...those who don't will probably sell...I'll be hunting...

Once again the company delivers...once again they'll be leaving resources of 1-1.5% copper for another day (the once and future potential open pit). At some stage the market will ask the question, "why do they leave 1.5% copper behind when other companies are built on such resources?".

My answer, they have far better and they know it.

Well done to AVB management...less than 2 years since obtaining these tenements, exploring and having an exploration report finalised by the Brasilian government...and don't forget within the Brasilian context an approved exploration report almost always guarantees a mining licence...

PS Notice a few gripes coming forward already and do wonder if that's the traders that were looking for the instant sugar hit?


Sentiment: You'd be mad to sell :)