AVB 0.00% 16.5¢ avanco resources limited

Avanco opening ceremony and pictures, page-114

  1. 4,669 Posts.
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    I think it is an exciting bonus that holders can look forward to in anticipation. With cu price recovering...any additional resource/grade bonus they find can only be good.

    Every dollar generated from copper sales goes straight to the bottom line (i.e. no loan money needing to be repaid) so it can only be a bonus to be extracting MORE copper with each tonne of dirt dug up.

    And thus - in order to privatise this thing (my uninformed opinion only) - the Big 4 will have to offer more to the Mum & Dad shareholders such as yourself. .

    Good luck.
 
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