AVB
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0.00% 16.5¢ avanco resources limited

Ann: Results of Annual General Meeting-AVB.AX, page-262

  1. pejudi
    711 Posts.
    lightbulb Created with Sketch. 13
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    06/06/16
    13:41
    Post #: 17962061
    Have a think about it. is it because their previous forecast is still including the mining cost about -$100mil in FY2016

    now money has been spend forecast from 1 Jul 2017 onwards is purely income which resulting in increased EBITDA.

    I guess the EBIT/NPAT should remain the same.
    AVB Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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