I think AVM is going to have a stunning year.
I'd previously thought that Dik was a handy little cash cow to kick off AVM - too small to be significant - but after reading the recent report its possible extensions along strike to the orebody and therefore Tonnes per Vertical Metre could justify going bigger.
Kulu is a great little earner that will only improve with value adding through the electric arc upgrade.
Kins is a monster. And its a growing monster as last year the rigs had been diverted from other targets which are still to be tested. The first stage production will be a confidence boost and yet more cash coming in.
Copper has stabilised at a comfortable level that fundamentals indicate is likely to be for the long term.
AVM has a wad of cash in the bank to cover cap ex coming up - plus more following what would have been a very profitable quarter.
Given the likelihood of a divvy this year I think we will be long past $2 ($20) by this time next year.
All the current snapshot shows is that the myopic CBA is yet again squashing the share price through a mechanical selling strategy. Deja Vu for the long term holders and another reason why although there are tax benefits to putting more money in super - the performance once its there is less than ordinary.
Holding and Accumulating.
Stu
DYOR but theres nothing wrong with listening to others that put forward a logical case - standing on the shoulders of giants of which Hotcopper has many giants - just need to spot the ones that are on stilts.
Holding AVM ZFX BNT CRK CUS
- Forums
- ASX - By Stock
- AVM
- will move soon
will move soon, page-4
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVM (ASX) to my watchlist
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.520M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $12.25K | 471.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 81000 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 1344518 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 81000 | 0.024 |
1 | 43478 | 0.023 |
1 | 500000 | 0.022 |
1 | 47615 | 0.021 |
4 | 324495 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 1344518 | 3 |
0.027 | 300000 | 1 |
0.029 | 45000 | 1 |
0.030 | 42637 | 1 |
0.031 | 50000 | 1 |
Last trade - 12.43pm 10/07/2024 (20 minute delay) ? |
Featured News
AVM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online