AVB 0.00% 16.5¢ avanco resources limited

Point of difference, page-150

  1. 11,768 Posts.
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    I am sure you do care awoonga, in the past you have been an avid supporter and I suspect you feel let down on more than a few occasions. But looking at the last 12 months from now, where AVB were in a perilous place IMHO, debt funding looking doubtful and the alternative not Director friendly and possibly no longer even being available. They have gone from that dangerous place to where we are now, for me that is impressive. You are pointing out mostly your valid concerns and no problems with that for me, but I don't think (well not in the written word) you have given enough credit for this last 12 months, not just the mine progress but the whole effort from Jan 2015 to even get the show on the road, IMO things last Jan were far more problematic than many knew.

    I look around the mining space right now and have no problem cutting them a little slack, I don't find it useful going back over years of history on would be miners, if they do survive and show promise it's a bit of a win on the markets. With a turn on commodities and some moderate successes for AVB, great wealth can be created, for that we must run the gauntlet of high risk and yes all sorts of good intentions may not arrive when we want them to, I do think a look at the more recent period makes me less critical than you right now, but we both have our points no doubt.

    Cheers
    Phil.
 
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