This is an excellent result for AVB...building the resource from...

This is an excellent result for AVB...building the resource from the 17.7 mt [209,000t of contained Cu or 20,000t per year over 10 year mine life: $1.67b] and 171,000 oz of Au [$297m]is a matter of time in completing the remaining 25,000m of infil, extension and depth drilling...with $13.9m in kitty this number will easily double from here...inclusive of all costs, based on my previous calculations AVB now has a NPV of approx 25 cents per share...with the Au credits heavily discounting projected production OPEX enhancing projected revenue streams...the maiden JORC for AN is particularly encouraging since this number will certainly increase on depth extensions alone i.e. near vertical pipes, widening at depth, comparatively simple metallurgy, economic grades and only half way into the current drilling campaign...

GLTA LT'ers and DYOR...