AVB 0.00% 16.5¢ avanco resources limited

Ann: Pedra Branca JORC Resource Upgrade, page-24

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  1. 10,599 Posts.
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    A glimpse of what might be; Note the two far columns, one priced at $2.50 lb copper the other at $4.50. Let's call them best and worst case for a few years out with maximum production from stage 1 and 2. The point I'd like to make is that while I expect a far better copper price than currently happening, even at current prices AVB is still a 300% uplift over a 3 to 4 year period and that is the likely worst case scenario. avb spreadsheet capture 13-7-15.JPG
    Sentiment: You'd be mad to sell.
 
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