In this market small caps have been belted as a whole and in that context AVB has held up well. It is important to be ruthless in deciding whether a company deserves your money.
Companies need to have cash. a resource of grade, size, proximity to surface, infrastructure and technically easily to liberate and process. This should ensure low capes and opex in the lowest quartile. Management always helps.
On these measures AVB stacks up against most juniors, I'll leave opinions on management to others. IMO AVB or someone that buys them will mine ore and generate cash flow . Tell me about more than 20 juniors that you can confidently say that in this market.
Be patient and rewards will come. Also look at CLR. In my view THE standout example of what we all search for, including a gun CEO whom I hold in high regard.
Lets hope 2012 is a banner year!!!!
- Forums
- ASX - By Stock
- AVB
- 2012- will the real avb please stand up!
2012- will the real avb please stand up!
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online