AVB 0.00% 16.5¢ avanco resources limited

pedra upgrade, page-32

  1. 3,426 Posts.
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    I agree with you Glenn. It is hardly to find the junior Copper/Gold explorer on ASX with 1 mils tons copper and more than half mils oz of gold without big capex bill. AVB can access existing infrastructure, One of the biggest X-men as a partner, relation with Vale, More resources to come. Some junior might have close that resources but they need to build the rail, road etc. AVB doesn't need it. Current stage, they are building up their copper inventory and they will mine or they will put on action for Sale once they hit 1 Mils red gold. Market is not fully aware of this or Market think it is still early to rerate and AVB is located in BZL. If AVB is located in Aus like SIR, we already seen SP between 30-50c already. So, IMO, it is matter of time for us to wait. But need a lot patience. But if we count from today, not very long. 6 - 1 year time. That will blast. GLTA
 
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