AVB 0.00% 16.5¢ avanco resources limited

20c +++

  1. 813 Posts.
    Ok - a 20c thread is now within reach, so lets add some evidence as to why it will likely arrive at this price sooner than later

    Previous conservative valuation = 17c (600kt)
    Lasted ANN = conservative 130kt
    So 130/600 is an extra 22% resource announced
    17c + 3.4c (22%) = 20.7c

    Or it could easily happen that we soar past 20c with
    * vale $$$
    * more drilling finds further copper, gold
    * nickel play comes to fruition
    * production is fast tracked

    As many have noted - patience and research

    Good luck keeping this capped for long!

    AVB the place to be - interesting days/weeks ahead!
 
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