one yelluva year, page-34

I sold out most of my holdings a few weeks back at higher prices for a modest profit. I started to nibble back into AVL in the low 3s with a view that it wasn't going to go all bad... it's not holding up. Let's face it, we've got a "base case PFS" and the final PFS won't be wildly different, it'll be relatively expected. As it's a sorta known unknown, and the share price still hasn't moved in a dramatically upward motion, I think its pretty safe to assume that AVL is going to have difficulty pulling a rabbit.

My current holding is relatively small compared to my dry powder, and while a sell now may hurt, the pain is pretty small in the scheme of things. Hoping to get back in later anyway.

Under 1c might be hopeful, however, that's where AVL was not so long ago. Perhaps it'll only go as low as 1.2c... I've no idea about how low, I just see it going lower without an Elon Musk moment.