From memory it was PoetPlus who raised the idea on this forum that it may be a good option for AVB to spin off another company as a vehicle to exploit any Nickel discovery.
To use another company will make it easy to raise capital IMO. Much easier to sell to the market as we are a pretty simple lot as a general rule.
Look, either way it doesn't really both me whether they use another company or the existing Avanco company. I'm sure TP can pat his head and rub his tummy at the same time.
Just find the Nickel first and the rest will look after itself.
AVB Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held
