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16.5¢ avanco resources limited

Ann: Pedra Branca JORC Resource Upgrade, page-27

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IronKing2010

3,423 Posts.

389

13/07/15

11:27

Post #: 15622762
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Originally posted by Kalenn ↑

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. View attachment 78712
Sentiment: You'd be mad to sell.

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blah blah 300% uplift come one even SP is not moving even Resources upgrade today. AS I posted before Kaleen your calculation will happen when AVB drill head hit the Diamond ore body.. not just copper.

AVB Price at posting: 6.9¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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