AVO 0.00% $3.30 avoca resources limited

jorc 6 mil tonnes @3.5g gold, page-4

  1. 709 Posts.
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    I totally agree.
    Have a read of the first few pages of the annual report on the the asx web page.
    This is a company very proud of what they have achieved and if you read between the lines you will see that they expect a lot more.
    Their prospective ground is between 2m and 15m oz proven deposits and it is clear Avoca are expecting something of a similar size. At a present 640,000oz the MP is 60odd cents; what will it be if they hit a minimum of 2m oz?
    Pretty simple arithmetic.
    I'm in and staying in.
 
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