$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!!!!
AVB Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held