my calculations for anvil
coppper has risen ...30%..or ..$700 since november . Anvil has been in the mid forties since november . 20000 tonnes of copper times $700 =$14m US In AUD , about $18m pa extra profit after stage 2 in june Anvil has 206 million shares on issue , fully diluted . so $18m divided by 206m gives us around 8.5 c extra revenue per year . Lets use a conservative P.E. of 6 to see what value we should recieve on our shareprice . 8.5 multiplied by 6 = 51c Thats what Anvil should have risen since November. Anvil has not moved from its mid forties trading range since that time . When we get a trigger this stock will explode like very few do . Anvil will have annualised profits of around $45m AUD after stage 2 ,and if the same conservative P.E. of 6 is used ,we have a company that should have a market cap of about $ 270 M AUD ........or ....$1.30 . When Anvil lists on the canadian stock exchange I would expect Anvil to be trading on a P.E. of over 10 which would give us a market cap of at least $450m or about $2.20 per share Thats a hell of a long way from 47c. Also bear in mind this doesnt include blue sky from their other projects and exploration ,or a rising silver and copper price . The end result from my calculations is that this share has the capacity to quadruple on present fundamentals alone . cheers ,Brenden
