AVB 0.00% 16.5¢ avanco resources limited

significant update, page-64

  1. 10,599 Posts.
    lightbulb Created with Sketch. 6075
    Timuryan

    Just in case you had a point I've gone and done a little research.

    AZS current JORC:

    Promontorio has a current JORC Mineral Resource (Indicated + Inferred) of: 502,000 tonnes @ 4.7% Copper, 2.1 g/t Gold and 99 g/t Silver2

    I'm trying not to snigger but that's 23,594 tonnes of copper by my calcs. Yes, they are expecting an upgrade but can't see them catching up with AVB any time soon. AVB have approximately 661,000 tonnes with an upgrade coming. That's 28 times the resource!
    Few other curiosities, AZS seem to report collar information and grade information in separate tables? Why would anyone do that? Makes it very difficult to accurately evaluate what they have?
    So does reporting the same intersection repeatedly but with different cut off grades. Oh and Poet, look out they're down to $1.5 million according to last report.

    Furthermore, look at their images in the latest report, look at the scale? They've put down nearly all their drills in the interval AVB uses between cores. That is, a tiny area of ore....AVB dwarfs it.

    Then there was BTR? Low grade, small intersections at great depth mostly. Next door to Mali? Nuh!

    But perhaps the greatest curiosity is why would you post about those companies on the AVB thread yet you have (according to a HC advanced search on your avatar) never posted on the AZS or BTR threads?

    As Alice said, curiouser and curiouser!
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.