AVB avanco resources limited
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why not above $1 achievable, page-15

  1. ddzx
    37,911 Posts.
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    08/10/10
    10:19
    Post #: 7298988
    $1 based on copper?

    you guys make me laugh

    210,000t at 11.65% copper, containing 24,400t of copper.

    after costs, if receiving $2.30 per pound in profit, the cash flow = $134m

    subtract 30% tax = $94m

    divide my 1,000m shares = 8.6 cents per share over the mine life

    AVB Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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