AVB 0.00% 16.5¢ avanco resources limited

Ann: Trading Halt-AVB.AX, page-248

  1. asf
    9,888 Posts.
    No, I think you miss the point of C&M- it is only done when the commodity price becomes unprofitable to the project- even then, companies pull through without stopping production. The majors even flood the market with production. However, it is not relevant to AVB, because it is profitable now. As to a giveaway resource, copper is only worth what it is each day. If AVB went into C&M, it would still have corporate costs- C&M itself costs a bomb to do and maintain.
 
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