AVM advance metals limited
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  1. miningnut
    11,513 Posts.
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    27/09/05
    19:57
    Post #: 1149324
    re: sept qtr profit Zinc,
    My cals are based on a rate that is 20% greater than 20k tonnes/pa but I think BT is being cautious.
    Their processing capacity(as per website brochure dated Sept) is 1400t/d or 500k tpa throughput - the 64$ question is can they mine at this rate.
    I'm using a mining/processing rate of 1200t/d in this quarter's cals.
    We'll know in a month's time whether I'm close or not.
    Did BT have anything interesting to say today about the o/s Kilwa reports being done by MONUC,MIGA(World Bank) or AFP ? - espec when he expects them finalised.
    AVM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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