AVB 0.00% 16.5¢ avanco resources limited

Re Jusarra South (page 3). Quote: Further Carajas copper...

  1. 487 Posts.
    lightbulb Created with Sketch. 126
    Re Jusarra South (page 3).
    Quote: Further Carajas copper acquisitions in 2013 are anticipated.

    Wonder how AVB intends funding even more exploration ground? Unfortunately more CR = further dilution and likely downward pressure on SP. Hopefully Vale comes good at the right time, but there is no evidence of vale's intentions at this stage.

    Otherwise, a generally positive report, but issued on a poor day and no traction gained (again).

    Cheers
    F
 
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.