re: Ann: Further Exceptional Copper Results f...
It must be difficult modelling the ore when you get results like 82,86,87,88... supporting the new westerly High Grade Zone. Especially 086 where the shallow high grade ore happily continues. I mean, where does drilling stop??
Would be nice to do additional drilling SW from 086 to see how far the zone really continues... downhole-width 10.5m @4% Cu ! ...still I guess you have to stop sometime. Unless BR insist of course!
Who knows.. it might continue shallow all the way to Antas South... and the AS deposit is very shallow and high grade. Dreams!
In terms of value for dollar, the infill "superb" results have done more than just be an exercise in paperwork. It has meant very valuable and suprising discoveries for the money.... real Value added. The global copper equivalent certainly has increased but in the end it is profitability that counts most, surely. The reducing early strip ratio is a huge plus I reckon.
Love Trading Halts. However it is often "no news" that fires up the AVB share price. The ASX queries etc. It must be difficult trying to make a dollar from very short term trades.. buying at less than 7.0c and sitting at 7.0c.
AVB, as many would know, has a habit of being counter-intuitive.
I cannot see a big price rise when the Finance and/or Mining Licence is granted. No surprises. Both events are totally anticipated.. even by Management who are shopping on spec for equipment.
New discoveries outside of AN,PB,AS would fire things up... and there is silence on that front for now.
One day soon, the SP might go for a run to 8.0c plus.. for NO REASON. It just happens. That's AVB. So no point in living life from announcement to announcement.
I just appreciate the consolidation and de-risking.. and the new shallow rich copper ore.
AVB Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held
