This has got to be the most undervalued stock on the ASX.
The price is still reflecting the ridiculous days of paranoia when Humala was elected, when people were worried he might nationalize Peruvian mining.
Well it is now clear he is opting toward the progressive Brazilian model.
These prices remind me of AVB prior to the upgrade when I was buying it for 1.6 to 2.5 cents.
We should see a reasonably quick return to the old resistance level of 36 to 37 cents IMO.
A multibag from here nonetheless.
nice rev in the oz today, page-21
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