Hi guys
Firstly, even though I am not a TA man myself I must say this thread has some great chartist to support some great FA posits
I tend to invest in later stage companies like BPT, RSG etc however there are a few things that make AVB a standout to me and allow me to invest a decent amount with comfort and confidence
1 . It has a resource which is now larger than required for a good sized long life mine
2 . It has grades and gold byproducts that suggest a 1st or second tier production profile,
3 . It has exploration upside which is virtually guaranteed allowing the stock to remin cheap even if we are sitting at a much higher shareprice
4. It importantly has path to production which will not be very dilutive
5. It has a decent chance of a large cash injection to drive aggressive drilling and early production
6 . It has the benefits if nearology allowing it's future resource growth to be project with some confidence
7. It will be producing two metals ( cooper and gold) that are an all accounts likely to appreciate in Price
All these reasons , positive FA and TA momentum and resilience in a week market suggests to me this is a keeper. It definetely has bagga written all over it, the question of how many will be answered with the fullness of time
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