AVB 0.00% 16.5¢ avanco resources limited

valuation research data, page-18

  1. 171 Posts.
    AVB fundamentals are good and improving. Does anyone believe that the resource wont increase from here? I wont guess at a valuation however I think it is way North of where it is now and significant gold credits should be included in calc's. The macro copper outlook is good on tightening supply and the price is expected to hit $9k pt in the next couple of quarters. The copper price rising creates M & A interest etc and a general macro copper focus. Imo the time to take a stake in an up and coming producer is prior to it getting market traction. I think the options are the last hurdle and once dealt with we will see some clear air ahead and the sp will follow.
    Right or wrong its all IMHO. Good luck holders - cheers
 
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