Looking back through AVB previous drill results announcements over the last year and have noticed these announcements have always been released on either a Tuesday or a Wednesday morning first thing! Would say at a guess that the company usually receives the results from the Labs in Brazil either over the weekend or on the Monday then processes them for release here in Australia to the market on the Tuesday or Wednesday.
Taking a punt i would reckon we will see the next set of drill results from the 12 holes pending on either next Tuesday or Wednesday with a possible trading halt the day before. It will have been 6 weeks next Wednesday from when the last results where released, and even allowing for the Carnival holidays etc they must be pretty close to being released to the market....
Just MO of course!
AVB Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
