I think this rise may coincide with the MMX announcement - although no "bulk commodities" mentioned - newspaper reporter suggested coal. Went back to an AVA announcement - they said present resources are sufficient for a 400 MW power station for 30 years, but note - "additional resources will reduce the financing costs of the project". (This is a bn $ project). This may possibly mean they would consider selling extra reserves - and as they are targeting an expansion of reserves in a follow-up of their seismic survey - this could be significant. Also, AVA are looking to participate in other coal projects, yet to be announced. Plus they are seeking a partner to participate in the development.
(Not investment info., posting opinions only, I am not an analyst, please do your own research. I sold AVA)
I think this rise may coincide with the MMX announcement -...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.39M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $893 | 8.503K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 274597 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 199756 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AVA (ASX) Chart |