AVO 0.00% $3.30 avoca resources limited

Hmmm...AVO may well average close to $1K p/oz this qtr as gold...

  1. 2,213 Posts.
    Hmmm...AVO may well average close to $1K p/oz this qtr as gold is IMO about to explode in USD's and AUD's.
    If that be the case then they will rake in 77m for the qtr or extrapolate that to a full year over 300m = $1 p/share EBIT.

    At a conservative PE X 10 and we have situation similar to the bull market of the late 70's when gold shares exploded on the back of gold.

    There are 500 and 1000% rises coming in gold stocks, the market will NOT ignore value indefinitely.
 
watchlist Created with Sketch. Add AVO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.