Ann: First Quarter 2017 Preliminary Results & Reporting Calendar, page-77

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21/04/17

14:12

Post #: 24195180
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Originally posted by philh9 ↑

For any watchers who sorta like copper but wonder, is it good, is it bad, whats it all about.

The pundits all have angles, try some real world thinking, watch whats actually done in the space. Watch who spends, on what and why, a good local example could be OZ Minerals, what do they think the future holds. Ask yourself would they risk money (real cash) on the future of copper and if so why now. Well they sure have sped up the $US1 billion ($1.3 billion) Carrapateena mine go ahead, moving earlier than anyone expected. Personally I have zero doubt on coppers very bright future, but say you were not so sure, I recommend always to watch the bouncing ball.

OZ too saw a small increase in C1 costs and similarly they were identifiable, should not be even a thought and why I pointed to AVB's 1st Qtr revenue. An outfit with (+ remarkable non AN potential) a market cap of circa $270m which is able to generate $100m + annual revenue, debt free, is a beast seldom seen, I suggest this is something any interested copper investor would do well to weigh up.

In northern parts over the coming months, but you can be sure I will be watching the month of May down under with great interest, those who attend the AGM I hope you enjoy.

Cheers
Phil.

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Great post!

When and where is the AGM being held?

AVB Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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Ann: First Quarter 2017 Preliminary Results & Reporting Calendar, page-77

Top Stories

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Nimy to raise $1.21M to explore 'newsy' WA targets

Immutep reports strong response rate from immunotherapies treating carcinomas

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Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

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