how much will we be earning?, page-29

avm: value and the final report Just to add to this thread on the value of AVM.

I notice that the last para in Bill's letter to shareholders in the annual report referred to positioning "the company well in terms of reaching its stated objective of becoming a highly profitable mid-tier base and precious metals producer."

We have really only been talking about copper and cobalt prospects here, but Bill strikes me as having been bitten by the gold bug some time ago. This side of the AVM value equation may well throw up something out of left field one day.

Also, I thought the Roosevelt quote on the founding stone dedication on page 1 of the report was very apt given the context AVM has been operating in. A few of us met Denham Vickers last year at a Brisbane presentation in September (I think). Has a very good mind and earns his pay in my view.