AVB 0.00% 16.5¢ avanco resources limited

no rerate on this announement, page-15

  1. 1,284 Posts.
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    Guys, rememeber the sources of capital readily available:
    1. AVBOB
    2. Cash on hand
    3. Potential spin-off of the ni
    4. Potential US$10-40m from Vale for the i/ore
    5. Potential to mine the HGZ at very low capex.

    Cap raising is down the track and will not be done @ 10c.

    DYOR. Re-rate event will be the JORC and estimates for the HGZ mining operation.

    $1b market cap is putting the cart in front of the horse though, lol.

    Good luck to the 'perma bulls' and 'contra bears'
 
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