in the green, page-11

At 12 cents AVB have a fully diluted market cap of 95 million dollars.

Cash is roughly 21.4 million at bank.

You would have to say cash wise AVB are in an excellent position..especially with the high AUD. Our cash at bank will also go a whole lot further with the high AUD.

The HGZ is still awaiting a JORC update. We are awaiting the depth extension drilling results for the Antas South HGZ. We are awaiting depth extension drilling on the recent Serra Verde Pedro Discovery. We are awaiting results on Agua Boa prospect. Lets hope one of these targets can come through with the goods.

One thing we do have on our side is that the HGZ is confirmed to still be open in both directions..so that is a huge plus in itself.

"Current holes ARVD-114 and ARVD-116 were collared 25m east of the previous extent of the HGZ while holes ARVD-115 and ARVD-117 have been stepped out 50m to the west. Results from these holes confirm an additional ~75m of high grade strike with drilling continuing to test for further extensions along strike in both directions."

The HGZ alone will bring about a very profitable mining operation. It's all looking good to me and at current prices she would have to look attractive to those on the sidelines.