AVB 0.00% 16.5¢ avanco resources limited

Valuation, page-3

  1. 1,685 Posts.
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    Olympics are over, now we just need politics to settle down and everybody in Brazil to focus on developing wealth creating industries.

    Given the PoC my picks is there is no rush to get the resource out of the ground and flog off at a bargain basement price. What would make a lot of sense to stakeholder would be doing some exploration and expanding resource. This could set the sp alight but more importantly change the hole concept of what the next stage of development is. We could end up wasting money if not careful

    I can't understand the lack of moment on exploration? Anybody have any ideas why they are on the go slow on this front?
 
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