5 Reasons Avanco is the copper story, Right down the bottom of number 4. M&A. Possible merger buy buying shares. Only thing is how are we paying. Placement or cash.
#4 Growth Portfolio Our vision is to be a mid-tier copper company • Focus on larger Pedra Branca East Project targeting 24,000tpa Cu production – Prime location near Antas with infrastructure access – Excellent geology for high-productivity mining – Positive PFS; further efficiency opportunities and resources extension in DFS • CentroGold Project offers defensive gold optionality – Redesign of large gold project focused on high-grade gold production – Scoping study in progress – Potential to support scalable, low-capex mining operation • Brown & Greenfields exploration in Carajás: US$10.6m budget funded from cash flows – At Antas targeting resource and reserve expansion to extend life and increase production – At PB East targeting resource strike extension, and complementary extension at PBW West – Across Carajás exploration tenements targeting new discovery
• Actively seeking M&A opportunities
AVB Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held