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happy Hippy

5,651 Posts.

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27/01/15

15:02

Post #: 14646332
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Originally posted by guspoyet ↑

Hi

Yet again AVB have failed to get with their communications right. This is quite a badly written release. In the tech sector (I am in this) you can get away with this kind of wording, I think in the mining industry you can not as facts are everything.

So lets have a look at the facts

1. Blue Chip banks at final stages of joining the syndication
2. Mining continues... and in my opinion with the support of the major shareholders
3. Therefore major shareholders must be happy with the syndication process to let them continue spending
4. They may have some more copper

Look at wording

1. Cautiously optimistic - probably as far as they are allowed to legally say something ("then do not say it")
2. End of Quarter - They are now being conservative ("so many of you asked for this")
3. Linking Stage 1 and 2 is probably about security ("be definitive why open debate")
4. Mentions up and coming new drilling results... ("just give us a date otherwise you sound nervous")

I read this (using terminology from my sector) as mining geeks trying to write a release to soothe and clam investors and they made a mess of it.

HOWEVER...

Financing getting closer
More Copper
Major Shareholders continue to support and mining activity continues
New Opportunities to buy on lows

Gus

Expand

I suspect there will be quite a few buying opportunities over next year all sub 7 cents.
Curious...what can we expect in the quarterly in two days? After this i doubt any breaking news.
Currently 30 buyers to 100 sellers...need to turn that around.

AVB Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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Funding Progress Triggers Return to Pedra Branca, page-69

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