AVM advance metals limited

how much will we be earning?, page-3

  1. 301 Posts.
    Thanks for all the work.

    However, I got lost towards the end when $0.357 became $43.4 - what am I missing?

    Incidentally how should the exchange be handled because all reporting will be in $US with the listing in Canada?

    "At 280,000,000 CDIs that = $0.357 earnings per share (as at 1st Apr 2007) - (At this point the Net Smelter Royal provision has been paid off earning AVM on extra 6% Net, however I've not included this in the calculations).

    In the next 12 mths another project (assume Lufuke) is brought on board, no capital raising necessary.

    At 280,000,000 CDIs that = $43.4 earnings per share (as at 1st Apr 2008)"
 
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