thats correct $1 is quite possible if Avanco can replicate SFR's success. What we need to remember is Avanco has had a small but High Grade JORC for a long time yet the market contiued to ignore it - it was painful (lol).
In recent weeks it has returned some amazingly high grade intercepts from the first half of its drilling campaign - but it still has alot of work ahead of if it is to prove the same worth.
SFR contiued to push a very agressive drilling campaign that continually returned very impressive grades over 18 months to get to where it currently is.
Lets hope to replicate - but it's still no guarantee of the same path.
AVB Price at posting:
18.5¢ Sentiment: None Disclosure: Held
