AVB 0.00% 16.5¢ avanco resources limited

buying big, page-15

  1. 2,158 Posts.
    Hi Centreman - yep I agree but many investors focus on the ultra-short-term and don't do their homework properly.

    Good luck to them if their strategy works - the market relies on multiple views to function - buyers and sellers at any one time.

    Bangs put up an awesome post recently talking about HGZone and a once in a lifetime opportunity with AVB. In that post he mentioned the following link: brr.com.au/event/64237

    I suggest anybody that has not heard it might have a listen. Brazil is opening up the Carajas building a lock system for a major waterway to enable transport of 20t bulk shipments down to a port. This is to be complete sometime in the next few months and upgrades to the port at the other end are in the works.

    In the meantime AVB can bag that high grade material and truck it. All viable and fantastic cash flow for a $2M up front cost - hardly a dilution - and likely to be covered by BOB conversions.

    More than one big buyer on this one in my opinion. Yes it is speculative however what I like is the robust quantity and profitability of the ores at surface. Yep free dig for 95% - minimal equipment to go into production and make the $M's required to sustain rapid exoploitation of their ground.

    TP made comment on the Ni in that interview - has anybody got anything on it? Something about a large Ni anomaly - a wide low grade intercept (over 120m from memory) missed the magnetic anomaly!

    Also their strategy to push forward with organic growth outlined in the interview - excellent! The traders will be back when volatility returns.

    DYOR,
    CW
 
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