AVB 0.00% 16.5¢ avanco resources limited

going nowhere, page-20

  1. 1,075 Posts.
    Cheers for that - I have read that in my research.

    I guess it comes down to the definition of "imminent" (I think this is what you meant) and "soon" and "a long time".

    IMO nothing will come out of the ground for at least another 12-15 months. And that's being generous. It doesn't matter how decent the grade is, and it doesn't matter how close to the infrastructure the mines are, and it also doesn't matter, in terms of timing, how much you need to spend because AVB are at an advanced exploration stage. It's not even close to production IMO (again, the "close to" is up for debate and rather subjective).

    Doesn't mean I don't like the stock, and doesn't mean I don't think it's a gem, and doesn't mean I'm downramping. Just putting things in perspective. It's not going to happen overnight, or in a few weeks/months IMO.
 
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