AVM 2.22% 4.6¢ advance metals limited

cobalt property, page-9

  1. 512 Posts.
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    re: doh : copper now $2.40 pp HDR Forecast 2006 revenue US$140m all going to pay massive debt. Market cap US$1.4bln

    AVM 40,000t x US$5,000 = US$200m - debt, errr I think we owe a few people some beers. Market cap <1/3rd HDR.

    Both have sovereign risk and some nice projects in the pipeline.

    Preference of copper over oil - your choice.

    You are absolutely right Mnut - selling now would make holding on for the last three years pointless. The best is yet to come.

 
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