AVB 0.00% 16.5¢ avanco resources limited

vale copper deal, page-24

  1. 3,200 Posts.
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    I think you are forgetting that AVB is a low volume copper producer with plenty of production growth opportunities already and low positive cash flow........ surely for the company and SP to thrive production growth is a necessity.
    Certainly the profit and loss statements show that the balance sheet would improve if production was ramped up.
    Like I said I am all for investing in the future but trying to juggle to many balls at once is a recipe for disaster.
    I think the company is better off concentrating on creating higher positive cash flow through a ramp up in production
    Last edited by xmanrocks: 16/01/18
 
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