AVB - Avanco Resources

tudo bem

Acho que a discriminação é chamado para aqui

g'day toph,

you know i could have sworn years ago in those discussions you posted in repsonse to me calling the co, that when you ring the co, you only hear what you want to hear (words to that effect)

welcome

why do you think that the regulatory authority's website shows the information that it shows re trindade north

and which parts do you think are lost in translation, specifically

how many of you have taken the time to go to the brazilian websites mentioned

and kalenn, again post up your translations of the information on those brazilian governement websites that lead you to a different conclusion as, no doubt i am not the only one who would be interested to see your translation of the dnpm information and for that matter the extract of the legal case - you seem to have some grasp of portuguese, yet rather than providing your translation, which could have been definitive for all, you instead ring scott for an 'answer'

i note that nowhere in the websites that are provided above and are specific to what is discussed here, is there a translatable phrase that reads 'in good standing'

awaiting your portuguese expertise here kalenn, sincerely

post up the translations and clear this up

My translations ...

I agree there has been some argee bargee re the application to have the exploration licence for TN converted to a mining license but I do not believe, as you have translated, that the tenements are now in the possession of other parties. I believe Vale attempted to take a short cut with the DPMP and they said go back to the drawing board and do it the way we want it done. I suspect that is exactly what Vale are now doing.

Nothing I have read suggests anything other than a delay...as stated by the company at the AGM.

Fred108 said:

Acho que a discriminação é chamado para aqui

Click to expand...

Hey Fred...I'm "lost in translation" lol...but I think I've got the gist of it. I'm a member of a few stock forums and as you know I'm in the naughty corner of one,so I'm happy to post here!


happytown is the reason I joined ASF as I've always found his posts informative.



Cheers!



Gidday happytown......Yes,I do not believe in calling the company for the reason you stated,but when Scott Funston is happy to have a direct quote stated on a public forum (according to Fred) that "all tenements are in good standing" then I'm ok with that.
Doesn't mean that I'd take a position in the co based on that,though.

We as posters have to be careful of posting possibly defamatory statements....I would hope that Funston would not be quoting misleading information in this instance.

As to your other questions,I have NO idea,sorry.

I'm watching with interest to see how the AVB saga plays out.


Cheers!

interesting fred,

one point, there is no translation that tn is in the hands of other parties, there is information on the dnpm's website that appears to indicate that tn is currently the subject of 3 req pesq's, by 3 different parties, one of whom is a subsidiary of avanco - meaning 3 parties currently have applications in to the dnpm for an exploration authorisation licence for trindade north

note this is a req pesq, not a req lav (according to the dnpm website), so why would an avanco subsidiary have lodged a req pesq

fred, i understand you have spoken to the office and you have no reason to doubt what you were told

from my perspective, my question is why is the dnpm website showing the information that it is showing (and still showing that information)

even allowing for translatory concerns by some, there is clearly some information differences as between the 2 parties, and with one of those parties being the regulatory authority, it may not be prudent to dismiss it out of hand

.. well really I am new to all this and am a dummy when it comes to shareholding. .. so I apologise to all here for that and beg your kind forebearance.

There are some pretty clever posters here. HT, fred, toph, simonhhh...

If Mr Scott Funston said "all Avanco tenements are in good standing" I suppose it all depends on what he means by good standing. If he means that TN is still the property of AVB he can claim the defense of being technically correct insofar as it is still their property as far as THEY are concerned. However as far as dnpm are concerned it is no longer AVB's property and is open for applications, but nothing can be awarded possibly until the outcome of this appeal is settled. A counter-tactic.

So be shy of interpreting Mr. Funston's bland declaration as being all is Rosy. Interpreting. He did not actually say Trindade North is ours for a further X years, Exploration Report has been accepted, and there is no dispute about TN with dnpm.... I presume.

So it could potentially be what they call a half-truth. Potentially.

Now I have nothing against half-truths. It can be a useful tactic. Quite legal and clever. I indulge in a few myself occasionally with care. But the danger is when people try and interpret half-truths to mean what they would like them to mean.... if you get my drift. Also if bluster is added to a half-truth to try and give it further veracity through vehement indignation, rather than a measured, detailed rebuttal .... a clear thinker might be forgiven for smelling a rat....

If what HT posts is TRUE, and HT has not spent weeks faking it all up, then rather than personally attacking HT, then why not examine the implication of his research??? Verify his claims first of course... far more sensible I would have thought.

Anyway, looks to this dummy like you have a situation where AVB says "Its ours!" and DNPM say "No its not!" As pistol/sword duels are outlawed, I suppose it is off the the Appeal Court. Or have a tug of war.. winner take all.

If No 1 applicant is actually Vale then it is not the end of the world I suppose.

If No 1 applicant is Mrs Jones of Moone Ponds,Vic, and she gets it, well I suppose Vale will be knocking on her door with an Option Agreement too . How to be an instant millionaire in one easy lesson.

Who knows anything for sure ......

.. anyway I am a high-principled church-going person. I detect some unabashed personal accusations of hidden agendas, accusations of beatups, and caustic asides. That is intimidation... or to use a trendy term, bullying.

I would love to continue to pop in here to wonderful ASF for a visit or lurk now and then but if that is the tone of this forum.. that is, any opinion disagreement or a publishing of factual material is met with intimidation, then I am off to the pub. Respect for the viewpoint of others I was taught. Politeness. Pleeeeese.... Ok, off I go to confess my sins.... and let me tell you there are quite a few of them! and that is NOT a half-truth

As I said.. beware of repeating half-truths like "All our tenements are in good standing"

It's technically correct!! ... sure... but you could be forgiven for even subconsciously being led by it to make other assumptions..... the devil is in the interpretation of assertions... the detail.

... my last post said "I am a high-principled church-going person."

Likely you took that at face value (and interpreted it)!!

I ride my pushbike through the local church grounds each morning. So.. I am "church-going".

I am technically right! but do you think my statement was... misleading?? It was TRUE enough.. but YOU intepreted it to suit what you wanted to believe. It was a half-truth.

As for high-principled? I confess that was more of a lie than a half-truth. Sorry.

50 posters and 50 different opinions as to what exactly "good standing" of all tenements means... LOL Brazil dnpm probably have their own thoughts too but unlikely to be regulars here on ASF.

Ya gotta be precise, well-researched and factual .... like HT. Agreed ? And if a quotable Company Statement cannot be that, then.... it is... obfuscation? and dodgy. Surely?

Anyway, sincere thanks to ASF for allowing me to humbly present my somewhat uneducated thoughts. What a great public forum!

Greetings bookworm....

No one's ever accused me of being clever before lol....Sceptical and cynical,yes....


I must confess I share the same thoughts you expressed re interpretation of the spoken word...


Anyhoo,IMO,the tenement table in the last annual report says it all.....



" Renewable on approval of the Final Exploration Report by the National Department of Mineral Production. Final decision awaited."



We await...


IMO,It would be a setback financially if TN wasn't renewed,(no Vale funds forthcoming),but as we all know,copper is the main game for AVB


Cheers

Hi bookworm...just saw your last post....lol


My SIMPLE interpretation is Yes,the tenement is in good standing while awaiting renewal and Vale/AVB discussions are prolonging this approval process....I hope the outcome is in AVB's favor!


happytown.....
I hope a previos post of mine didn't give the impression that I was dismissive of your efforts in presenting this info....it's Much Appreciated by me....I'll have a little time tomorrow to check out the other 2 applicants,unless you have any research on them you'd like to share...


Cheers!





Cheers

not at all toph - re the dismissive

the moi posted upon previously was recorded in the official gazette several days ago, as follows (tranlsated):

"HARD-EDGED CONCEPT EXPERIENCE AND TECHNICAL COOPERATION AGREEMENT

PUBLICATION NUMBER: 508260

PARTS of the agreement: the Secretary of State for industry, Commerce and mining-SEICOM and AVB Mineração Ltda.

OBJECT of the agreement: Scientific and technical cooperation in developing studies, projects and activities related to the technical knowledge on the viability of options of verticalization of BLISTER COPPER PLANT in the STATE of PARÃ, from mining projects of the AVB and the SEICOM side, the institutional development of AVB, in the form of support and guidance, especially in the areas of project development with a view to mineral production, with a focus on technical feasibility, environmental, forms of financing, identification of deployment and logistics area. SIGNATURE DATE: March 27, 2013

FORCE of the agreement: 3/27/2013 to 3/26/2016"

Cheers happytown....

Had a look at the other 2 applicants re TN (Terrativa and Infinity....)with little success....couldn't log into Terra's website without registering and my lack of Portuguese stymied my efforts.




No matter....IMO,the TN/Vale situation does not inspire confidence that AVB can be successful in the Carajas...Polglase has mentioned previously that AVB's credibiliy with the mining authority depends on AVB being able to demonstrate that they can do business in the Carajas....IMO,that's being questioned here with 2 applicants being able to come over the top re TN....

Who knows what machinations have been happening behind the scenes,but ISTM that Vale are calling the shots here.


AVB's original plan was to become the 2nd producer in the Carajas via the DSO and use that as leverage...for whatever reason,that plan has not come to fruition and IMO,AVB is destined to be no more than subservient to Vale/Xstrata.


For holders' sakes,I hope that Wood pulls off a lucrative corporate deal.


PS...If I was holding,I'd be waiting to see how it all played out.....fingers crossed that holders who bought near the highs aren't burned.


Cheers

toph,

i don't question the quality of the company's copper projects, which imo are very good assets, or the company-wide expertise to make best use of those assets

cheers

With the 2016 Olympics coming up, I would like to see Avanco and its bosum-buddies Para State government ask if the Bronze medals can be cast using copper from The Antas North mine. Supplied free of course.

What a wonderful gift from Australia, Avanco and Para State. Maybe even use gold/silver scavenged from flotation tanks, but might charge for the gold.

What a coup that would be!!! (provided AN is a goer by then.... haha)

Like TN tenement exploration-applications that are current (which we don't mention)... it is first in best dressed, so get going Avanco.

bookworm,

and this is why the copper projects are such good assets

and it is an example of Avanco's getting going

pedra branca - a little over 12 months since the deal was done and 3 resource upgrades

still methodically drilling out a great resource

and a perfect example of the company's expertise in action from deal-making, to resource expansion, to joining the production pipeline (in due course)

there is no denying the company's expertise in copper

cheers

Yes, exactly HT,

which is why I have all my investment eggs in the basket of this one company. AVB

In Sept 2010 AVB/AVBOB jumped from 2c (the happy time) to around 20c on news of a chalcocite 50% Cu hit, then remained in the teens for the next six months. Subsequently, as you know, their corporate performance has been stellar. PB, jorc, Xstrata, Vale deal, massive tenement gains ... and they are poised now to become a highly profitable real miner. The cash from AN to be ploughed into an even bigger mine at PB.

If you were a medium term investor and more than two years ago paid 14 cents for an AVB share when AVB had absolutely nothing compared with what they have today you might have reasonably expected to see your 14c share rise in value. Logical?

So as an investor you got it right..... picked the right company from many... . so hard to do in itself... and not just at some short term price peak either.. and your reward??

To see your 14c avb share decline to 6c.

So you can plot AVB SP and AVB Fortunes on the one graph and see one in general decline and one on the monotonic rise. 180 deg out of synchronism.

So what useful conclusions can be drawn from that ? other than the obvious one of don't invest in good companies.

Don't try and pick winners, flip a coin instead..

One Answer : pick a company like AVB at 6c and go for it. A stock where its SP has not tracked its fortunes. In fact the two have been historically opposed for a long time, trendwise. The simplistic argument being that the SP has a lot of catching up to do. That the gap between the fortune line and the share price will narrow, at some point.

In AVB's case this argument is especially compelling now because

1. AVB share price cannot get any lower than 6c surely. (haha.. maybe)

2. The AVB fortune line continues to trend up strongly with expected granting of mine finance, vale cash coming in, and especially management hints of further projects/tenements... and Xstrata still have an obligation to offer AVB first refusal on any unwanted copper tenements.... no small thing.

I am sorry for those who bought in as new investors at 14 cents or whatever..... but be encouraged.

BUT for a new investor, I suggest just forget delving too much into the all the nuts and bolts and just look at it from the above simplistic approach.

The two important Trends. Massively opposed for a long time. So forget the trees (vale cash, drill results,etc) and see the forest.

As a gambler, er I mean investor, it could be (close to) a sure thing?

RE :"HARD-EDGED CONCEPT EXPERIENCE AND TECHNICAL COOPERATION AGREEMENT

PUBLICATION NUMBER: 508260

Yeah HT ... Directors must hate these public forums....

Look at the recent incident of the AVB- Para State smelter partnership to investigate a blister plant.....

..when news of it got out, the indignation was deafening...! " we are not told, management keep us in the dark, we are poor forgotten shareholders.... the vitriol !"

I mean I was as guity as anyone and got really excited about it. A smelter on our doorstep tomorrow and the company makes no announcement!!!

OK... turns out it was no big deal. An hour or two a week... and great investment in public relations with the authorities. A very useful thing to have some direct lines at times. But naturally the local Brazil media, through politicians media units fanned it all up way out of proportion....

It was nice, sure. But so minor and so far off the Main Game as not to warrant a formal Announcement. It will likely rate a modest line or two in the Quarterly.

To make a big deal of it, to actually make a fanfare Announcement would lay one open to deceptively making a big deal out of something small in the interests of trying to push up the SP.

So poor management were dammed if they did and dammed if they didn't announce. They must grit their teeth often. Well it goes with the high salary... at least they can always afford new teeth then, no probs.

So integrity won over expediency. That is one reason why I am an AVB Man.

A reason why I literally hero-worship AVB Management, MW, TP, SM etc... and while I take the mickey occasionally out of some, it is done through a regrettable sense of humour. . but then I was born with that and can't help it.

bookworm and happytown.....Whilst I don't share your faith in management,I do think that AVB is a good risk vs reward play from this level.

If I was holding,I certainly wouldn't be selling now.


Cheers and l hope you're well rewarded for your patience!

A lot of recent discussion on this thread. Good to see some analysis

First glance to me it appears to be one of those typical small cap companies that always promises but never delivered. I have seen numerous companies targetting 'near term copper production' but have never made the step from explorer to producer.

I would put money on them not being profitable within the next 5 years, but hope for holders sake i am wrong

TH, finance deal is through ... phew what a wait.

Now we await the details.