AVL Chart, page-2955

The option market has clearly and unequivocally declared that AVL is valued at less than 2.0c

Why would I ignore AVL completely? I've spent a lot of time studying and researching this company and the sector. If it does fall hard then I'll happily pick up some shares as Gabanintha is a great deposit.

I do realistically see 0.7c as being a floor. I've explained this earlier. By looking at market cap and the cost of work done to date, I feel that $10m is a reasonable time discounted valuation of the drilling, lab and feasibility work done to date. You won't get that much work done for much less. Depending on time frames in the macro market, AVL may not reach this point or, as @Hokusai has predicted, it may fall to 0.5c.

Again, in the absence of a binding offtake or finance, the share price here is staying below 2.0c and will drift towards 0.7c as people try to trade for pips.

I should be charging for this info... dont you just love hot copper? Free info is worth nothing, yet, if you know how to interpret and use the free info here, it could be worth a lot. What a fantastic forum. Thank you moderators and site owners for creating an awesome forum.