A big problem with this stock right now is it will be at least...

A big problem with this stock right now is it will be at least one or two years from production, so alot of funds will not touch it as it's not generating cash. Hence, the share register is littered with retail investors who can be like four seasons in one day.

AVB could've fixed this above problem last year by focusing all their activities on getting an updated JORC for the HGZ, and then applying for a mining licence. This would've been the conservative approach.

Instead they did a cap raising and are now drilling everything in sight. This is really aggressive and probably the right call given they have the best ground and the grades are massive.

The aggressive approach tells me the company's strategy is to prove up a massive resource and look to get taken over. And if the TO offer doesn't come, then mining the HGZ is still possible.

If you think about it, it makes sense, as a major could develop the project at a lower cost of capital.

With 11 rigs working over three genuinely good projects on great terrain, our chances are second to none. And don't forget we haven't even drilled the nickel project which was once thought to be the likely company maker.