Quarterly, page-19

First 19 Last

Share
Profile

Follow
guspoyet

401 Posts.

30/10/14

22:12

Post #: 14211593
Share

Originally posted by Kalenn ↑

Archer, I think the fifth target is on the same tenement as one of the other 4....possibly PB east as there are multiple targets there for sure. Probably likely there are multiple targets on the other tenements as well but maybe that's another task for next year?

Phil, I think the years of mine life and the tonnes per year will all grow considerably over time. Just below the pit floor they have an intersection of 54 metres at 1.57% (from memory so don't crucify me if its not dead accurate). It's a pipe so imagine that little beauty going down for a considerable distance further. I've spoken to a geologist mate who also said there is a small chance that the mother load is down there as well...small chance but if so start adding zeros to your 5 year out predictions. Then there is the sulphide ore contribution from Antas South and those free floating boulders of extremely high grade oxide....If the price of copper goes back up in a couple of years time (as many predict) then add 100's of thousands of tonnes of the sub 1% and the oxides. All of a sudden that pit would start looking like the grand canyon....they won't know precisely how this will all come together until they get closer to the current pit shell design's floor and start drilling again but so far the Carajas has looked after AVB very well when they've done follow up drilling.

All of the above is of course a contributing factor to why I have always been so bullish on AVB..and maybe why the company is able to aggressively pursue finance....and as they say on the Demtel ads, "but wait! There's more" We haven't even talked about the stage 2 or upcoming stage 3 possibilities

Expand

Hi Kalenn... spot on and that's why Blackrock and Appian came in... they can see it... and I mean literally... so again my humble thinking is ... it's this is just going to get better... dyor

AVB Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
21 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

There are more pages in this discussion • 169 more messages in this thread...

First 19 Last

Add AVB (ASX) to my watchlist

Quarterly, page-19

Top Stories

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Banshee's historic trenches prove rich in antimony and gold for GDM

Featured News