AVB 0.00% 16.5¢ avanco resources limited

why not above $1 achievable, page-15

  1. 37,911 Posts.
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    $1 based on copper?

    you guys make me laugh

    210,000t at 11.65% copper, containing 24,400t of copper.

    after costs, if receiving $2.30 per pound in profit, the cash flow = $134m

    subtract 30% tax = $94m

    divide my 1,000m shares = 8.6 cents per share over the mine life

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