AVB 0.00% 16.5¢ avanco resources limited

risk vs reward people......$7b ($7,000,000,000) resource$70m...

  1. 813 Posts.
    risk vs reward people......

    $7b ($7,000,000,000) resource
    $70m market cap - ie less than 1%

    we all know that even a conservative fair value is 3%

    thus anything under 21c for AVB is a relative bargain!

    many other factors come into play.....
    * quality of staff - check
    * production time frame - continue to meet milestones
    * potential for growth - check
    * debt facility - $58m secured and only $12m to go
    * other revenue streams - Vale, VOR, options?

    i like the risk vs reward with AVB, and i like the chances of this hitting 21c+++

    DYOR folks - but the facts are staring us in the face!!!!
 
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