New Report by Hartleys, page-28

For those who are not interested in broker reports you may disregard this post.

FWIW, broker site visit of Avanco projects over past few days, concludes today. Make of that what you will but also consider how much is going on behind the scenes within the company right now.

Consensus between the brokers covering AVB price it between 15 and 17 cents based in discounted modelling and I see this as conservative and am ok with that. They have clustered at this valuation point as that is what the assumptions used have concluded.

Given some luck with exploration results in the coming days/weeks/months the Antas resource has potential to growth and LOM extended which will changes things significantly, in which case will see brokers and investors need to re-visit valuations.