"I think Xtrada wanted to get on board the Avanco train."
Xstrata will only be in if enough copper is found. If not, it's all AVB's. Seems a clever tactic - get a junior to do the exploration because there's probably enough there for a junior to be happy and keep the option open to come back if it turns out to be big enough for a major to want to be involved.
But either way - it appears that AVB has very good relations with the majors which is a definite plus imo.
AVB Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
