AVO - Avoca Resources
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Why not? then we can steal your identity as well.
Seriously no probs, thanks anyway (maybe a JPG attached next time?)
No worries. Do not know what JPG attachment is but will not be a next time as only took out free 21 day trial offer to see what report was covering without any intention to proceed to membership. Of course you could join-up similarly to get that article. 
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A chart would be a good indicator of wh you are suggesting. Running the numbers at current PG is straightforward.
I think AVO's extraction costs were around $369 AUD ounce from memory, but check their report.
Current POG is over $1000 AUD ounce. Market cap around $500 mil.
Their Gold assets are well over 1 Million ounces and growing.
So a basic calculation imo would be around $3/4 Billion valuation increasing with their Gold inventory and the POG (with falling USD and increasing oil price and global instability, this looks only set to keep going on its already well defined long term up trend).
So at current share prices and fundamentals the stock looks quite cheap.
I think AVO's extraction costs were around $369 AUD ounce from memory, but check their report.
Current POG is over $1000 AUD ounce. Market cap around $500 mil.
Their Gold assets are well over 1 Million ounces and growing.
So a basic calculation imo would be around $3/4 Billion valuation increasing with their Gold inventory and the POG (with falling USD and increasing oil price and global instability, this looks only set to keep going on its already well defined long term up trend).
So at current share prices and fundamentals the stock looks quite cheap.
This thread has gone pretty quiet lately...
AVO have announced that the Mill is en route to Higginsville...on time and within budget...a big tick.
They have also announced some nice gold hits today at their Musket project, with grades including:
- 18m @ 10.9 g/t gold from 68m
To go with previous results of:
- 3m @ 9.9 g/t gold from 13m
- 10m @ 2.9g/t from 67m
- 16m @ 2.1 g/t
Within the silver spear project area.
Avoca are going to conduct more drilling to identify the extent of the high grade mineralisation.
Giddy up
AVO have announced that the Mill is en route to Higginsville...on time and within budget...a big tick.
They have also announced some nice gold hits today at their Musket project, with grades including:
- 18m @ 10.9 g/t gold from 68m
To go with previous results of:
- 3m @ 9.9 g/t gold from 13m
- 10m @ 2.9g/t from 67m
- 16m @ 2.1 g/t
Within the silver spear project area.
Avoca are going to conduct more drilling to identify the extent of the high grade mineralisation.
Giddy up
A big big move today...up some 24 cents / 10%.
Was it the move with the All Ords, the fact it is about to become a producer, or something else behind the move? AVO doesn't really fluctuate much during the days, so to me, something is in the wind (just don't know what!) Anyone else got an inkling??? Assays/studies/anything due?
Interesting to note the massive capper at the end of the day, dropping 100,000 shares at the close just about the ask price, and kept moving it back through the final minutes. Accumulation?
Nicks? Explod...i feel like im talkign to myself here
Was it the move with the All Ords, the fact it is about to become a producer, or something else behind the move? AVO doesn't really fluctuate much during the days, so to me, something is in the wind (just don't know what!) Anyone else got an inkling??? Assays/studies/anything due?
Interesting to note the massive capper at the end of the day, dropping 100,000 shares at the close just about the ask price, and kept moving it back through the final minutes. Accumulation?
Nicks? Explod...i feel like im talkign to myself here
michael_selway
Coal & Phosphate, thats it!
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This thread has gone pretty quiet lately...
AVO have announced that the Mill is en route to Higginsville...on time and within budget...a big tick.
They have also announced some nice gold hits today at their Musket project, with grades including:
- 18m @ 10.9 g/t gold from 68m
To go with previous results of:
- 3m @ 9.9 g/t gold from 13m
- 10m @ 2.9g/t from 67m
- 16m @ 2.1 g/t
Within the silver spear project area.
Avoca are going to conduct more drilling to identify the extent of the high grade mineralisation.
Giddy up
Hi whats the current mine life of AVO atm?
Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -2.7 -1.5 16.5 22.2
DPS 0.0 0.0 0.0 0.0
thx
MS
IMO the stock is returning to a more accurate value. It's been said plenty of times on this forum that AVO was seriously undervalued. Given processing and production is about to happen in the next couple of months, and the future potential for further discoveries is quite possitive, it was just a matter of time.
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Yes true but they have hit this level a few times before, and then strongly retreated (like really strongly). Profit taking maybe? not sure.
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Voila. Its already retreated much of yesterday's gains and on its cyclical downtrend which the last few times has hit $1.85. Hopefully it wont but this has been the trend.
I find that sharp runs up tend to run down just as sharply when there is no fundamentals or insider traiding behind the rise. Kinda annoying really.
I find that sharp runs up tend to run down just as sharply when there is no fundamentals or insider traiding behind the rise. Kinda annoying really.
What has happened to this thread? AVO goes up over 10% and complete silence.
Does anyone have any thoughts on yesterday they'd like to share?
It seems the jump is the combination of a number of factors and the trigger was the announcement of AVO securing funding to guarantee its future.
Does anyone have any thoughts on yesterday they'd like to share?
It seems the jump is the combination of a number of factors and the trigger was the announcement of AVO securing funding to guarantee its future.
Seems like there were people in the "know" about AVO and the treatment plant.
A nice rise on friday of about 5%, only to see it go down today on a spectacular ann.
For all you AVO holders:
- Higginsville Treatment Plant Completed on Time and on Budget
Have a quick looksey at the Ann, very short but very sweet.
Avoca seems to be flying under the radar big time for some reason...has some nice buy recco's from Goldman as well
A nice rise on friday of about 5%, only to see it go down today on a spectacular ann.
For all you AVO holders:
- Higginsville Treatment Plant Completed on Time and on Budget
Have a quick looksey at the Ann, very short but very sweet.
Avoca seems to be flying under the radar big time for some reason...has some nice buy recco's from Goldman as well
AVO up a nice 7% today in which was not a nice day for GOLD in general!
Nice release too: ENR: "Large Base Metals Drill Targets Defined" (AVO 20%).
Still, ENR actually ended the day lower...perhaps something else is in the wind at AVO? Maybe anticipation about the first feeding of the ore (it is scheduled for the start of July).
Nice release too: ENR: "Large Base Metals Drill Targets Defined" (AVO 20%).
Still, ENR actually ended the day lower...perhaps something else is in the wind at AVO? Maybe anticipation about the first feeding of the ore (it is scheduled for the start of July).
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Could anyone give me there opinon on wether avoca is going anywere soon.
Had avo for just over a year, 65% up don't know if i should sell soon and move on.
PS still learning
Had avo for just over a year, 65% up don't know if i should sell soon and move on.
PS still learning
Goldman Sachs believe AVO is worth $3.20 at the moment so there's still plenty of room to move IMO.
http://www.avocaresources.com.au/downloads/research/avo_research_jbwere_200805.pdf
http://www.avocaresources.com.au/downloads/research/avo_research_jbwere_200805.pdf
We should hopefully be seeing some rises in the next few days/weeks as the first ore feed is conducted...a major milestone in any mining company.
AVO have massive ramp up projections for '09 which will be nice to see...maybe they can slip in a divi!
JTLP
AVO have massive ramp up projections for '09 which will be nice to see...maybe they can slip in a divi!
JTLP
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