info..the price right now is a steal. This is all in my own opinion though.
Fully diluted the market cap at 13.5 cents is 128 million.
The conversion of oppies will bring us an additional 2.5 million at bank.
Cash at bank is currently 21.4 million.
Potential 40 million to be gained from Vale.
JV with Xstrata.
Huge land holding in the Carajas
Multiple targets still to drill.
The share price when it moves will be quick. There are many announcements that will lead to further re-rates.
Revised JORC for the HGZ is still yet to be published.
Trial Mining License
New Discovery at Pedro??
What happens if we hit something big on Xstrata's licenses? The big boys will start fighting over us.
How far does the HGZ extend? It is open in both directions. Will we hit further mineralisation at depth? Drilling at depth is ongoing as we speak.
I have been saying this for awhile but AVB have so much potential. Thats why I hold. Im a true believer in AVB but I still have my cash spread around. I expect AVB to give my fund a nice little boost when she decides to run again.
Now..for arguments sake...show me the negatives. Petwan and Meloz I welcome fair assessments of the company. None of the following responses
"she is going to 10 cents"
"ohh the director sold"
Matt Wood cashed in..good on him..he probably picked up a new Lambo. He still holds a packet. Give me something else to show that AVB has greater risk to the downside rather than more potential upside.
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