hey roadie - yeah remember the talk back 6-12 mths ago was to spin the nickel out into another float and keep avb as a copper play. then came the greek elections. but the drilling could be a sign that they might head down that path again and monetise these assets. there was a lot of excitement on these board about touro a few yrs back too.
there was also a hint in the annual report about some further deals to cement their 'influence' in the carajas. while not much has come from agua boa and conceciao so far, pedra branca and vale certainly show these boys can get their hand on decent deal flow. so keep an eye on that.
but mostly lets keep our eyes on PB - step-out drilling is yet to reach the end of mineralisation in any direction. what a deal this could end up being.
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