AVM
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3.85% 2.5¢ advance metals limited

is avm overrated

  1. eccoi
    1,563 Posts.
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    13/10/04
    21:22
    Post #: 613683
    I have just been doing some research on this coy and have found the following.
    CONGO
    - Dikulushi [jv 90% w Govt 10%] Resources 1.72Mt @7.18% Cu + 201g/t Ag gives 123kt Cu + 11.1Moz Ag; Mining 20kt Cu + 1.8Moz Ag /yr, up to 2008.

    Only 123,000 t of Cu and mine life only up to 2008. This seams pretty ordinary to me - any comments ?
    Also, does anyone know how many shares the coy has issued, I think its 23M, but not sure.
    AVM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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