AVB 0.00% 16.5¢ avanco resources limited

P.TriggerCopper price will not affect AVB profit until they are...

  1. 1,375 Posts.
    P.Trigger

    Copper price will not affect AVB profit until they are producing in 2015, so I wouldn't be too concerned about the cause and affect on the AVB share price.

    Right now there is a significant buyer/capper that is doing very well at restricting a price spike / re-rate, but with yesterday hitting a "top 5 of all time" trading volume I'm not sure that we will see too much of a retrace (could be wrong).

    With 3 significant announcements coming our way shortly I'm picking Insto's will get in sooner than later, so aren't we more likely to see 9.3 or 10.3 than 8.3?

    Only time will tell - only 25 days left in the quarter - and although farlaps bladder was off with an Ann yesterday - every day passing means we are a day closer to FML, JORC, and securing finance.

    Sentiment: "patience/accumulate"

    DYOR
 
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