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
AVB Price at posting:
7.4¢ Sentiment: None Disclosure: Held
