Another good announcement and sign of an improved outlook for the next 2 months.
The KEY TO SHARE PRICE APPRECIATION is still JORC, MINING LICENCE and FINANCE APPROVAL/CONFIRMATION.
The problem with this share and many promising "Spec" shares is that they are just that, speculative.
We are currently too risky without the JORC, Mining Licence and Finance approval for many sophisticated corporate investors and the unsophisticated "Mum and Dad" investors simply do not understand the spec share market and how to assess value.
IMHO this stock will run and we will see share price appreciation when the 3 key factors are announced. Just don't expect share prices above 50 cents until stage 2 is well underway or possibly stage 3. If your investment time frame for this share isn't at least 3 - 5 years from now, then you won't see AVB's full potential.
AVB Price at posting:
6.7¢ Sentiment: LT Buy Disclosure: Held
