AVB 0.00% 16.5¢ avanco resources limited

There is no conjecture .. they plan to mine antas north in 2014...

  1. 24,192 Posts.
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    There is no conjecture .. they plan to mine antas north in 2014 as the starter that has been stated... I expect they will mine the other area's as they firm up the resource... Remember the AVB Cu Jorc grade is high , recoveries will be high and costs therefore low relative to peers ...

    There are many steps to go through when a resource is first found Geophys , Drill, Jorc def, Scoping, metallurgical studies, pre feasibility, DFS / bank studies, govt/Env approvals, FEED, Finance and construction, Offtake... to name but a few ... After each milestone is completed it adds value to the company.

    All these take time ... but they do happen and they definitely add value ... I encourage novice investors to review the the share price trajectory vs milestones of peers like Cudeco, QMN, RXL etc and you will see what I mean...

    This is all I will say on the matter DYOR and do not believe everything you read on HC +ive/-ive ...



 
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