AVB 0.00% 16.5¢ avanco resources limited

just how cheap is avb ??

  1. 24,192 Posts.
    lightbulb Created with Sketch. 5565
    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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