AVB was and it a big risk, mainly relating to sovereign risk, however the resources are very attractive. If Centro gets suspension lifted, then with a stroke of a pen, OZL will have puchased the remaining AVB assets for nothing. Hard to see them not making a smashing return on investment other than by failing to get suspension lifted or some other govt intervention sripping value out of the assets. If the stars aline and they get Centro tick and get it going, I feel this could have way bigger potential than the current resource suggests, you might remember AVB had innitial exploration holes showing up expansion in every direction and they had the DHEM gear working flat out and to this day all the results have been kept under wraps. AC will have been fully aware of why they spent the money on AVB. Having a gigantic gold mine in the middle of a cu company also provides a natural balancing offset for POC risk. AC certainly has built a bing train of developing assets at different stages, but he also has some pretty spectacular blue sky upside, and thats not a bad combination to have when also paying a dividend. AIMHO
OZL Price at posting:
$10.23 Sentiment: Hold Disclosure: Held