The Managing Director of Avoca, Mr Rohan Williams, will be...

The Managing Director of Avoca, Mr Rohan Williams, will be giving a presentation to the Conference held in Kalgoolie, at 11.00 AM Perth time today. The full text of this presentation can be read as an ASX announcement on the AVO site. As usual it is a very professional presentation, Already the support is coming in, from a Low of $1.545 this am.
Should support continue to hold / support the price, it may put in a reversal candle and the SP may go up from here.
They have offset the drop in POG with the purchase of put options for 438.933 ounces of gold at the strike price of AUD $830/oz ( refer: deails of Quarterly report for 3 months ending 30 June 08)