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16.5¢ avanco resources limited

K, fair call but a serious waste of space if not utilising the...

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Freshwater1940

154 Posts.

26/04/16

18:58

Post #: 17602537
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Originally posted by Kalenn ↑

Correction coming...you were wrong

Look at the link Owen posted with the container breakdown...28 tonnes on the one he posted...a lot more than 5 containers as well.

http://hotcopper.com.au/posts/17594929/single

A few points to ponder;

AVB are in production, most likely at or just above name plate.
recoveries are "excellent".
Grade from the pit is higher than expected.

All this means that they are already pumping out 1000 tonnes of copper per month.

I wonder how they are going with working out a methodology for processing the higher grade saprolitic gold ore they stock piled?

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K, fair call but a serious waste of space if not utilising the full container as evidenced by the liners. No evidence to support more than the 5 containers left the plant so not sure it's appropriate to suggest such. Given off take has NOT been announced, how do one explain partially filled containers?

AVB Price at posting: 7.6¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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