Savy wrote: "The only poster is agent cooper who has been talking for past year or so regarding this management but no one wants to listen anything negative about Avanco and his management. The situation why this price is no one is buying and selling due to fear of finance fall through.Good luck with your hard earned investments"
Shhh, Savy, don't remind them about me!
Way back then (early 2013 - share price 7.7c) I highlighted lots of pre-2013 historical issues that had plagued AVB as well as pre-empting a couple more that were likely to pop up in 2013 onwards (like dilutionary placements and that mining timelines would slip away and management communcation). Greeted with howls of outrage it was by a clearly affronted 3 or 4 holders! One response even declared that CRs were simply "dead wrong" but the only thing wrong was this declaration. It seems they mis understood what management had conveyed to them (but you will have to go back through the posts to read it yourself)
And guess what - lots of
new issues have bobbed up since mid-2013 and throughout all of 2014 (like finance STILL not delivered; more start up dates for the sand pit missed and more dilutionary placements). Not to worry! These matters too, are vehemently fobbed off as "old news" these days. "Let's move forward"the minority say
....But funny how the "history" and the "old news" keeps happening.....
Oh well, lets ignore the behaviours, lets ignore the collapsing copper price, lets ignore the 21 month delay on finance sign off, lets just keep moving forward...don't worry about how the litany of delays and CR events that keep piling up...
Eight years and counting.....tick, tick, tick.....
Coop
PS: I wonder what the "commercial interest rate terms will be"? I hope it doesn't have double digits in front of the % sign.....
