"The EXCO deal was diffent in that Xstrata had a plant next to the resource and in this case one needs to be built."
That is one monumental difference
Forget about valuing AVB based on its in ground resource...market doesn't work like that anymore
Until they come up with a plan to turn the in ground resource into an out ground resource, we are going nowhere
Drilling holes all over Brazil aint gonna do it in the short term
