Vale have to pay Avanco 600,000 by 12/08/2011 to extend the i/ore option into the second year. Hopefully Vale send the cheque early and we can hear all about it pre-open.
Im not sure whether the feds issuing a statement on monetary policy is a good thing or bad thing. Hopefully they dont take off from where Obama left re America will always be triple a lol. Some substance and clear direction would be good.
Futures swining wildly, currently up 111pts.
AVB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
