AVB 0.00% 16.5¢ avanco resources limited

Ann: Quarterly Cashflow Report-AVB.AX, page-60

  1. 6,689 Posts.
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    I know people will say let the management do their job and that's a fair point but at the moment I'm still figuring out in my head the logic of a trial mine at PB as opposed to a small plant and mine at PB.

    Sure there may some profit in transporting to AN after spending a fair amount of money on a haul road and transport costs but if the current thinking is based on a low copper price then this option seems a little counter productive. Expanding AN has more merit in the short term, IMO.

    The final decision is yet to be made I know.
 
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