AVM advance metals limited

completes mutoshi deal, page-6

  1. 11,482 Posts.
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    Today's announcement says mutoshi 'project has the added advantage of very low-cost mining and much better infrastructure than that at Dikulushi,including access to the national hydroelectric power grid which passes right through the property.'
    Sales revenue from 25,000 tonnes of copper is currently $US75mil - annual profit from this project alone could be $US35mil - our share is 70%=$US25mil.
 
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