Chris, time will tell of course but I don't believe it is unreasonable to anticipate 100,000 tonnes from HGZ as that zone is growing very fast. If not by next JORC statement then definitely sometime after. 100,000 tonnes at $3000 per tonne profit ( would expect a lot higher profit but like you keeping some conservatism in there) is $300,000,000 on HGZ alone. Approximately 30 cents per share. AVB would have to be one of the most undervalued companies out there, especially if these deeper holes we are awaiting assays on come up with the goods.
AVB Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
