AVB 0.00% 16.5¢ avanco resources limited

$20 million placement closed over subscribed, page-4

  1. 2,625 Posts.
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    Can't agree.

    Must remember to put the recent discoveries in context.

    Finding 9 metres at 50% copper is equivalent to finding 90 metres at 5% copper and SFR did exactly the same thing after their intial discovery. Raised huge amounts to increase exploration and look at the result.

    To mine now would be incredibly short sighted as the market seems to respect the value of a JORC compliant resource-hence the SFR market cap...
 
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