SFR has a text book resource, the logistics to get it into production are masive compared to AVB, the DSO copper for SFR is reasonable around 50m which will be extracted through open cut but the majority of ore starts around 90/100m, they will probably open cut and extract the DSO Chalcocite then decline in at the bottom of that pit
We have 2 very different beasts with SFR and AVB but AVB from surface to 50m has more than SFR,futher drilling is likely to widen that gap in AVB's favour. AVB also hopefully can tie into Vale's operations providing a very cheap start up.
THE MARKET WILL REWARD A SUPER HIGH GRADE SHALLOW OPEN CUT COPPER PRODUCER WITH UNLIMITED EXPLORATION UPSIDE, DECISION TO MINE IS EXPECTED THIS YEAR.
AVB Price at posting:
19.0¢ Sentiment: None Disclosure: Held
