AVB 0.00% 16.5¢ avanco resources limited

price sensitive announcements, page-10

  1. 1,284 Posts.
    lightbulb Created with Sketch. 4
    hey meloz - in terms of the announcements, most have been widely anticipated (i.e. hgz extended, vale to start mining etc) so you could argue that they have been largely priced in.

    what will get the market moving is an announcement that is more from left field and is preceded with a big trading halt.

    the potential for these, imo, is good for avb. i am looking for:
    1. confirmation of further high grade (+10%) cu in the hgz drilling;
    2. economic cu hits at depth below the hgz;
    3. anything from serra verde that appears to be economic;
    4. good fe drill results from Vale;
    5. mineralisation on the x-strata tenements;
    6. news out of the greenfield platinum/nickel deposits

    the market will re-rate avb on news that it does not know from here.
 
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