AVM 0.00% 2.1¢ advance metals limited

qty just out, page-3

  1. 10,782 Posts.
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    Dikulushi production achieved was better than my figures & Kulu on target-if deliveries are close to production you would have to expect net profit in the range of $US20-22mil for the quarter - can't imagine too many other things can upset this prediction although anything is possible in DRC/Africa including copper truck hijackings.
    Developments at Kinsevere sound good espec.that they'll only be working from one openpit initially because of the increased grades/tonnages found there.
    From the time stamp on the announcement,it wasn't released to the Canadian market until after 7pm their time so the Aussie market had first chance to react to the announcement.
    I suppose the market will also yawn when the above profit figure is released in two weeks time.
 
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