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24,192 Posts.
5565
10/10/12
19:55
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Was looking through a presentation of another Australian CU company called QMN when I came across this snippet of information:-
CDU (Cudeco) has defined a contained resource of 293kt Cu + 191koz Au at Rocklands and has a MCap of $880m (Undiluted)
AVB has defined 661kt tonnes of contained Copper + 527,000oz of Gold and has a MCap of only $100m
Understand that Cudeco is further down the development path but 8 x AVB market cap ???
AVB ...is undervalued IMHO.
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