A very important point in the current economic climate is the difficulty in raising risk capital.
You make a comparison between AVB and CuDeco and the fact that CuDeco has been able to raise capital.
I see where AVB is priced around the 7 cent mark. If AVB are going to raise risk capital from around the 7 cent level, expect massive dilution which CuDeco has managed to avoid and without joint venturing .
As you say, CuDeco is close to production compared with AVB.
Have you any idea when AVB might go into production. Is it years away?. I am interested in keeping an eye on the junior explorers but have different criteria in investing in them now in view of the current economic climate . I have not been tempted to invest in any in recent times.
CDU Price at posting:
$1.59 Sentiment: Buy Disclosure: Held
