AVB 0.00% 16.5¢ avanco resources limited

avb is ticking all the boxes, page-30

  1. 11,580 Posts.
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    One thing I am certain of is that in a couple of months time AVB will be highly sought after with huge volumes and a large buy side. The game can change in a blink of an eye as we have seen time and time again in both AVB and other resource stocks.

    I for one am not waiting around to miss the boat. We know that to satisfy finance there are only a couple of boxes left to tick, one being the JORC upgrade which is very very close!

    We also know that there will be trading halts accompanying these announcements. For regulatory means, the company is playing it safe! Not for other reasons which some people on this forum seem to get confused about.

    I don't know about everyone else but I don't want to miss the chance at these prices, when the company announces a trading halt straight after the final box getting ticked, then potentially the SP rises 30% which is very probable at the current price. It is better to top up now if you are as confident in the company as I am.

    There also seems to be a lot of new AVB followers lately, some of those coming up with outlandish statements on the back of disappointment with the SP. A lot of these people are probably ST traders frustrated with the lack of movement.

    My advice to other new followers is to ignore the doomsayers and instead listen to the people who have seen it all before. The investors who bother to read and decipher every announcement. These are investors who are not here to make a quick buck and do not get overly frustrated with day by day SP fluctuations because they have been in the game a long time and know how it all works.

    I was uncertain when I first followed AVB and got frustrated with the CR and dilation, but after a bit of experience with the company and getting to know how management operate, by reading announcements in detail and doing extra research, it is actually quite a simple process to understand. We will be producing in the next year and we will have finance approval in the next few months. They are the simple facts.

    DYOR



 
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Currently unlisted public company.

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