AVB 0.00% 16.5¢ avanco resources limited

Avanco Resources Ltd upbeat as copper price rallies, page-2

  1. 10,591 Posts.
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    good find Random.

    CJ tells that the PB operation is targeting 1.6 to 2.0 million tonnes of ore. At PB overall grade of 2.44% copper and PBEast hanging wall grades of 2.8% copper that is 49,000 tonnes and 56,000 tonnes per annum respectively. Add that to the 18,000 target at AN and Mid-tier here we come.

    The discussion by TP on majors and other opportunities being pursued is just a LITTLE interesting.

    Keeping in mind all the AVB projects are likely in first quartile for costs, rapid capital appreciation is going to happen at some stage, perhaps soon.

    The Centrogold project has historical feasibility studies targeting an AISC in the US$600 per Oz range.
 
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