AVB 0.00% 16.5¢ avanco resources limited

New Report by Hartleys, page-23

  1. 10,598 Posts.
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    for what it is worth Paul, I think your logic is spot on.

    No one spends money on a study without the belief that the answers inside the study will be of sound commercial value. ( An academic might but not the operators of a small cap miner aspiring to mid cap status).

    If you look at the language used by TP in historical reporting, there are always subtle clues as to intent. Which I'm sure you at least are aware of.

    To then promote the result of that study is obviously to telegraph intent. Intent may need time to pass but they have a suite of options (no pun intended) to get reserves up on exploration, both greenfield and brown, as well as JV opportunities.

    PS I'll eat my hat if we don't do more than 14000 tonnes of copper this year.
 
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