Ann: Pedra Branca JORC Resource Upgrade, page-25

"close in the red" - careful picastoc.......harsh but ture (in the past that is)!!!

Big picture here - AVB is fully resourced, about to start producing, keep finding more copper, totally undervalued, and yet SP still sucks that fat one!

Which is why I sold out in the Mid-7's.

Now - the contrasting view to reasons I sold - it will only take one big insto to wake up and start buying big and AVB could well see double figures again. WHEN WILL THIS HAPPEN???

Cheers