AVB 0.00% 16.5¢ avanco resources limited

Yes, a great initiative. These meetings really are an...

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    Yes, a great initiative. These meetings really are an opportunity for current investors, doubters and fence sitters to go along, hear the story and ask the questions you want answered. If you are invested in AVB to any extent, more so at this point of their journey, I can't imagine why you wouldn't take the opportunity of going along. The company has done it's best to accommodate as many shareholders as possible by times and locations.

    Some bullish comments from Rio Tinto's boss reported in today's AFR. Relevant comments for copper investors:


    "Rio Tinto chief executive Jean-Sebastien Jacques has delivered a bullish assessment of the outlook for the Chinese economy for the next two years as he rewarded investors with the biggest interim dividend in the miner's history.

    Mr Jacques said four visits to China this year had given him confidence in its economic performance.

    "We are pretty confident about China – clearly 2017 will be a good year for China and when we look at the metrics the early signs for 2018 and 2019 are positive," he said.

    "Beyond China global economic conditions have improved in both Europe and in the US," Mr Jacques said.


    Earnings from Rio's copper division rose 16 per cent to $US771 million, and the company remains confident in the outlook for commodity given an expected supply shortfall over the medium term.

    "When you look at the pipeline of projects for the next 10 years there is simply not enough projects advanced enough to meet demand and therefore we are pretty bullish about copper," Mr Jacques said."
 
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