AVB 0.00% 16.5¢ avanco resources limited

the avb posters stand-up comedy show., page-21

  1. 6,689 Posts.
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    Freehold,

    I only have one other interest and that's MAT.

    Both are competing for the bigger paper loss at the moment.

    I don't think one could find another small cap like AVB that ticks all the boxes you have highlighted.

    Currently the market sucks for small explorers. Been like this for ages. If only we knew that AVB will achieve what we all hope for.

    If that box could be ticked, our price would be going in the opposite direction to the rest of the small miners.

    The key is the finance sign off and then the final test is spending some of that money into building a mine. Because once we start spending loaned money there are only two ways to pay the interest.

    1. Revenue from mining - AVB has delivered as promised
    2. Capital Raising - AVB has failed to deliver as promised

    It is impossible to imagine that we can't start mine construction next year. If we go all of 2014 without starting to build a mine, then even the most optimistic of supporters would have left, IMO.

    Perhaps this message needs to be shouted out at the AGM.





 
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