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16.5¢ avanco resources limited

Ann: Pedra Branca Video-AVB.AX, page-63

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239 Posts.

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26/09/16

15:37

Post #: 19425494
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Originally posted by dhc.mvltd ↑

MRBlu thanks for the graph quite interesting.

Amazing looking at graph when you think the value of a few drill holes back in Jul 12 compared to de-risked unleveraged profitable producing mine now. And little improvement in price though a little value is hidden in dilutions over the period. Fact is PoC is the Joker in the pack affecting current SP and any small up swing and in PoC and there are few others who will benefit the way AVB will. Any small improvement straight to bottom line, easy to achieve multiples of current profit in such circumstances.

However a bit of drilling and increasing of resource would also have a similar effect. Wish management would spend a bit more on this front.

IMHO

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Dilution has killed the share price.

AVB Price at posting: 5.4¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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