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Some maths provided to me by a friend... 30,856,000 pounds in...

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guspoyet

401 Posts.

30/08/17

21:53

Post #: 26879310
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Originally posted by philh9 ↑

Just to add to that. Looks like a genuine lack of interest right now, market would react if some news hits, that is all with AVB right now, for me I expect good stuff this quarter, market can't do much with that sort of thinking but.

I would think young Nick would be most upset after his run around OZ to see that any effect if he had one was the wrong way, still it's what he gets his crust for, hard gig at times.

Cheers
Phil.

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Some maths provided to me by a friend... 30,856,000 pounds in 14,000 tonnes. Copper is currently $3.11. if it stays there, costs have not gone up, they are actually coming down,Provisional sales Q2 were at $2.61. So over the next 12 months AVB will make an additional US$15 million above. If we go back to AISC it was $1.88 (and falling) That is $1.20 per pound EBIT US$37 million plus. Right???

http://avancoresources.com/unearth/videos/2017-interim-financial-results/

Gus

AVB Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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