re: sunday times business
sunday times bell potter matthew ward as speculative buy avoca
avo is an emerging gold producer, which owns 100 percent of the trident gold deposit in higginsville, it plans to develop the deposit at a cost of 91 million and produce between 160000 and 190000 ounces of gold a year. the tenements are prospective and it is likely that avo will announce futures resource upgrades. we expect a capital raising in the coming months, which could provide an opportune entry point for investors.
that would be nice little bonus...
AVO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held