AVB 0.00% 16.5¢ avanco resources limited

Tired of of waiting for FML, page-30

  1. 1,375 Posts.
    hH - and there we disagree (which is ok!)

    your view that "granting of the three ann will not remove risk" is a little naïve.

    if they we "just any" Ann's I might be inclined to agree with you

    But we are talking:
    1) confirming our ability to mine - a make or break announcement for any company
    2) ore reserve - which will be nice ot have in place (but granted not essential)
    3) finance to build a mine - again an absolute deal breaker

    2 of the upcoming announcements are deal breakers - AVB will be priced where VOR is at if they fail to achieve 1) and 3) - ie expect to see a share price of 0.1c (or less). HOWEVER, if/when 1) and 3) occur then expect to see a significant re-rate in sp.

    #timewilltell
 
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