AVB 0.00% 16.5¢ avanco resources limited

News: Avanco Resources to reveal JORC Ore Reserves, page-28

  1. 10,589 Posts.
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    Brunski,

    A best estimate based on 2013 economic study, attending numerous AVB AGMs and talking with directors, some intelligent guesses, the odd tea leave reading session, a lot of research and a son in-law who is an ex Brazilian investment banker but current Brazilian. (It helps with translation and understanding the "risk" etc.). Plus lots of other contacts who add to the knowledge base.

    In short, a reliable approximate but wait on the company for reliable actual data. We should see more of that tomorrow or the next day then we can all attempt an updated financial analysis.
 
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