AVB 0.00% 16.5¢ avanco resources limited

significant update, page-62

  1. 6,689 Posts.
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    Being geotechnically illiterate, I read the announcement as positive.

    For the mine, "Stage 1 Study newsflow soon" - very good.

    "Stage 2 Resource upgrade commenced" - do they still have time to relase a JORC upgrade in the first quarter as promised?
    Last year, coincidental or not, the major boosts to the price followed increases to the JORC.

    IMO, either a feasibility update for the mine or an increase to the JORC is what the price needs in the short term.

    Happy to see a pulse, I thought we had lost the patient for a while there.
 
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