annual accounts(take 2), page-5

wilson report sept 1 Headline from latest Wilson report released yesterday:

“While Anvil’s FY2004 profit which is now reported in US$ against Canadian GAAP appears to be on the low side of our forecasts which still reflect A$, the stock price is now expected to begin to reflect the significant upside associated with the stage II capacity increase, and the diminishing importance of the operational problems of the last few months. In addition, it appears that the feasibility study into the Dikulushi underground project will add mine life and see Anvil mining in the DRC until at least 2010. This effectively adds 3 years to our current forecasts.
We rate AVM BUY/BUY.”
[my note: that's a buy both in the short term and long term]