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16.5¢ avanco resources limited

Ann: Truck Drivers Strike and Antas Activities Update, page-16

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dyode

1,916 Posts.

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29/05/18

21:08

Post #: 33360599
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Originally posted by ChristopherC ↑

I dont think we can blame management on the effects of this truckie strike and its just one of the risks every investor has to factor in. I am just hoping that it is resolved quickly and efficiently by the Brazillian government.
I must say that the Antas update side of this announcement was a little bit more concerning. It surprises me that the complexity of the resource is somewhat beyond their capabilities in terms of defining what resources they have and how best to get it out of the ground and I suspect they are making excuses for delay tactics used only to benefit the call of fair value on the takeover bid. So much for being mining professionals.

Christopher

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...TP certainly has fear and doubt about a resource and can't quite see it clearly
more of late as through a glass darkly
but I doubt it concerns electromagnetics and the tip of a drill...

AVB Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
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