AVB 0.00% 16.5¢ avanco resources limited

Pedro Branca progress, page-68

  1. 5,651 Posts.
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    You don't think the copper price may influence the banks decision to lend? Don't care how rich the deposit is if AVB is caught up in a tightening credit market due to a fall in commodity prices the whole project could be moth balled.
    To think otherwise is naive.
    Also as the risk increases you watch the exodus upon the spike when finance is approved. Up a cent or two then back to 0.08 ...or less.
 
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