AVB

Here is a posting from Hotcopper...



Was looking through a presentation of another Australian CU company called QMN when I came across this snippet of information:-
CDU (Cudeco) has defined a contained resource of 293kt Cu + 191koz Au at Rocklands and has a MCap of $880m (Undiluted)
AVB has defined 661kt tonnes of contained Copper + 527,000oz of Gold and has a MCap of only $100m
Understand that Cudeco is further down the development path but 8 x AVB market cap ???
AVB ...is undervalued IMHO.


 


AVB is now worth 8.7c but I bought it at 5c on the average but during one spate of trading, I have already realized over $2000 within one day when the price shot up.  Some of AVB's copper and gold are relatively deeper than CDU's so it is more expensive to mine.