I am encouraged by the fact that the discount on the options has reduced by a couple of points. This tells me that the shares are not likely to fall away from here.
In my opinion the results from the other day were outstanding. There are a further 20 holes to come in including holes 83 to 91 which lie 20-30 metres on either side of the line where they hit th 9m @ 50.49% Cu. On the lines on both side of the two lines where holes 83-91 have been drilled, there were high grade intercepts of 4m @ 21.53% Cu to the Northwest and 6m @ 21.02% Cu to the Southeast. Based on these facts I would be very surprised if there aren't some very good results in the two lines where holes 83-91 have been drilled because they are sandwiched between these results. It is all outlined on page 5 of the ASX announcement for everybody to see.
Askier.
AVB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
