AVB 0.00% 16.5¢ avanco resources limited

key take aways, page-24

  1. 4,582 Posts.
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    Izzy79, in my opinion post of the day for me! - Why you ask?
    The new Belaz can carry 450T, it does this by utilising two diesel engines developing a combined 4,600bhp. Now how many times up and down a track do you think ~4.5mT of additional dirt/rock would cost I.e. energy/ fuel would be required? - simple answer is a fair bit as far as per pound costing goes (rhetoric) Also let's not forget the added hours/ labour (salaries and wages) and the additional time-loss of future productivity/ sales to customer. The list of extras could go on as far as coffee in the tea room but I think you all get the point! No wonder they are so happy/ excited. Not the best day for an announcement as such, of course it often takes a day or two for such announcements to be soaked by the retail investor. Overall a very good day, Mr 2m wanting his fill spoiled my day! (lol)

    That 'rationality' in my opinion is just around the corner.

    Take care all, NL
 
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