AVB 0.00% 16.5¢ avanco resources limited

Ann: OZL: Takeover Offer for Avanco - Webcast, page-158

  1. 1,466 Posts.
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    Regardless of whether the takeover succeeds or not, i would not be selling avb nor ozl at least until Centro gold gets the green light. This itself is a potential 200m$ in extra value given how much drilling that has been done, how advance it is and how big the resource/grade is for an open pit.

    AVB is already in court to lift the injunction and the chances of succeeding are excellent as evidenced by OZL's opportunistic takeover bid.
 
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