Continue to love the resource and have watched this stock for a couple of years. Considering entry but continue to worry about MD's history and current issues in Brazil where uncontrolled, reckless development under tight time frames places another layer of potentially fatal risk on projects. Also concerned that management only pay lip service to doing anything about communication with the market. They got the message again this AGM but have done nothing since the last. Hard to change spots or teach old dogs new tricks. A stock with poor communication skills with the market will always remain at a discount. May be with the influx of management input from new interested parties this can be turned around and finally get this show on the road. Certainly they do seem to be set in the starting blocks. Don't know anything about how hard it is to get profits out of Brazil, they are a hellishly protected economy.
AVB Price at posting:
6.0¢ Sentiment: LT Buy Disclosure: Not Held