AVB
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0.00% 16.5¢ avanco resources limited

sohoAgree the market is dour today and agree that grades are all...

  1. Kalenn
    10,596 Posts.
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    21/02/13
    13:22
    Post #: 11449278
    soho

    Agree the market is dour today and agree that grades are all important. However, I think your estimation of grades is off the mark. Have a read of the scoping study report on stage 1...grades are in the same ball park as SFR. PB may well get there as well. AVB aren't drilling for an alternative source in the west, they are looking for additional sources, ie stage 3. They have said as much in their ASX releases.

    cheers
    AVB Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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