Bell Potter Report - AVB, page-6

Copper prices +20% = LT of US$3.24/lb $412 million market cap or $0.25/share

They have an set of seemingly paradoxical range of views on valuation. The highest is simply a no discounted call as per above on Antas North stage 1 alone in production. The lowest was a 10% DCF method with a 12 month target of 15c.

It also seems they have a mix of outdated and current info in the report.

If anyone wants a copy and they are a share holder I believe it would be OK for us to pass it on as AVB have emailed it direct to those of us signed up for the mailing list.