Sorry to see you go V8. It's been good fun.
Yeah, you are probably doing the right thing.. only time will tell. My pride overides my better judgement here, so I will hang in there and not jump ship quite yet.
How can a company talk about new advanced acquistions when it has no money? Spend time looking at other projects!! One very obvious inference that could be drawn is that Azul is a Dud. So they are looking to move on. That would be a disaster.
They have to get down and do a good job at Azul, do justice to what they have right now.
They MUST have looked at Azul and said "we can make this work and turn a big profit, even it it proves to have no more tin that what it is supposed to have now". That is the Big Hope. AVB's excellent Management have supposedly milleniums of experience between them. If the are that good they should be able to quickly assess Azul, and put out some preliminary figures for shareholder information.
What is this crazy AZUL thing?? Don't ask me....
Dilution is the big enemy too. AVY may grow to ten times its MC size, but if you hold only 10% of the shares through dilution, what have you gained?
This business of having a Mining Licence is difficult to accept. I have the clear impression the original approved proposal was for underground mining. Now it is surface mining, which surely must require a re-application. Back to square one.
So forget mozzie-riddled Burma, and shopping for new advanced acquisitions using frequent flyer credit points... just get on with the Azul job.. focus on it... single-mindedness... and provide up to date assays, and a picture of what the the $$ carrot at Azul is worth.
It has been called "an exciting opportunity". Well put out some $ figures to back up that silly claim. Digging dirt and tin in the backblocks of Brazil in itself does nothing to excite me.
Then some value may start to creep back into AVY.
The guy at 2.5c must know something we don't... or think he does. After all a CR at 3.5c, one for two, recently must have been justified somehow, and now it is 2.5c bargain sale.... so.... and he is buying confidently. Hmmmm... well it aint me anyway.
The counter-argument may be that if We publish and make it look fantastic (which it is) then the buzzards circle.. government, land-owners, Azul Title Owners. The parasites.
So yes there are two sides to an argument.... but is very frustrating at present, and in a vacuum the SP sinks.
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Sorry to see you go V8. It's been good fun. Yeah, you are...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.597M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.7¢ | $1.099K | 62.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 76442 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 89475 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 219386 | 0.020 |
4 | 1752666 | 0.018 |
1 | 186000 | 0.017 |
2 | 135000 | 0.016 |
2 | 300000 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 193704 | 1 |
0.023 | 43330 | 1 |
0.024 | 87849 | 1 |
0.026 | 499980 | 2 |
0.027 | 500000 | 1 |
Last trade - 14.37pm 15/11/2024 (20 minute delay) ? |
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