if avanco is a creature of habit, more likely than not that a significant (not app 3b etc) ann will be forthcoming prior to the end of the month qrtly activities and app 5b
history (over the last 2 years - since commencement of the 50,000m drilling program in late nov 2010) shows the following:
dec 2010 - 31/01/11
12/01/11 - iron ore update 18/01/11 - key appointments (mottram and arajua)
11/07/11 - high grade strike length doubles at rio verde 14/07/11 - rio verde deep drilling intersects primary copper system 21/07/11 - carajas iron ore update
8-18 days out
sep 2011 - 31/10/11
17/10/11 - massive copper sulphides intersected at rio verde
14 days out
dec 2011 - 30/01/12
18/01/12 - antas north continues to deliver
12 days out
mar 2012 - 30/04/12
17/04/12 - becoming a substantial shareholder (xstrata)
13 days out
jun 2012 - 31/07/12
18/07/12 - pedra branca copper thickening at depth 30/07/12 - avanco exceeds half million tonnes of contained copper
1-13 days out
sep 2012 - 30/10/12
11/10/12 - 126 metres of mineralisation intersected at pedra branca 24/10/12 - metallurgical testing exhibits excellent copper recoveries
6-19 days out
assuming a 30/01 or 31/01 delivery, as of today, currently 12 or 13 days out
(note 10/01/13 ann, director of operations appointment)
cheers
AVB Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held