AVM 0.00% 2.4¢ advance metals limited

anvil finalizes 70% interest in kinsevere & nambul, page-5

  1. 512 Posts.
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    Now thats the cross-section we've been looking for. Handy little high grade open pit for cash flow but....

    The deep stuff - 200m at 3% copper.

    We're now transitioning from being a small high grade copper miner with some interesting targets to something that will show up on the radar of medium to large scale mining houses.

    I'll give it a year before we're merged or taken over. Anvil will be too juicy a target by then - good cash flow, long term, low risk operations that would benefit from a capital injection (SW-EW plants and large scale UG ops). Solid market demand for the commodity.

    Takeover price..... $2.30 to $4.

    Good on'ya Bill.
 
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