AVB 0.00% 16.5¢ avanco resources limited

Finance delay makes no sense, page-50

  1. 1,375 Posts.
    History tells us (having seen and researched dozens of "finance deals") that there is a price spike of anywhere between 50-400%. But it is all contextual: shares on offer, resource in the ground, conditions of finance, current global market momentum, future potential revenue streams, value proposition to large fundies, etc etc. So I'm not tempted to guess a price spike other than to say - it will be significant, and the risk profile of AVB will be significantly less. For those who are worried about only seeing a small rise might want to research the price history of AVB, you will see that the SP got to 11.5c on mining licence alone......so close your eyes and imagine what the following will do to the SP:
    * finance finalised
    * construction update
    * PB resource upgrade
    * off take awarded
    * mine commissioned
    * first profit announced.......

    #backtowork
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.