Australia's largest stock trading and investment forum Australia's #1 stock forum

AVB

Click for more information

0.00%

16.5¢ avanco resources limited

Ann: Full Year 2017 Guidance Update, page-27

First 27 Last

Share
Profile

Follow
xmanrocks

3,201 Posts.

444

22/12/17

11:55

Post #: 29829677
Share

Originally posted by HomeBrand ↑

jut want to add that this underlines, circles and underlines again that we are priced for perfection.

We should be going up in price, not down...

Centro and PB need to be de-risked more. Everyone needs to face this fact. We are a long way form having any value for these projects in our current share price.

Aaaaaand, just did a quick and dirty calculation.....

9 months C1 costs were $1.51. Now its going to be somewhere between $1.55 and 1.65. That means Costs for 4th quarter alone will be between $1.67 and $2.07.

Don't be fooled here folks, this will come in at the higher end of expectations, why else would they throw out such a wide range this close to year end.

Just saying...

HB

Expand

The companies SP continues to price in a lot of growth promise........hence the market reaction to todays ann.
Unfortunately I don't think 8 cps will hold which has been my buy in target for months but not anymore on the back of this credibility issue ann.

AVB Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

MLS

Metals Australia kicks off multi-project drill run sniffing for gold and critical minerals

AAJ

Aruma sniffs high-grade copper, antimony at QLD's Fiery Creek

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

There are more pages in this discussion • 64 more messages in this thread...

First 27 Last

Add AVB (ASX) to my watchlist