After Vale comes to agreement to buy Avanco at an attractive premium, non-holders will look back and say wow why didn't I see that one!
It was a no brainer. A well cashed up Aussie explorer, on hugely prospective ground, only ankle deep into an expansive drilling campaign which has already realised a high grade zone of copper which is still open in each direction as well as at depth. Added to that, they have agreements in place with Vale and Vale have also stated that they wish to acquire quality copper mines.
As I said, non holders will kick themselves for not joining the dots.
AVB Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
