AVM 7.41% 2.9¢ advance metals limited

re: Ann: Anvil Recommences HMS Production at ... Hi Stone...

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    re: Ann: Anvil Recommences HMS Production at ... Hi Stone Pony,
    I'll try and console myself by looking at the increasing copper price and the large amount of valuable reserves we have in the DRC = maybe one day soon BT & his crew will again get their act together but they must have lost a lot of valuable operational employees by closing down all their operations in Q4/Q1.
    I would also expect that the last of the write-downs will occur in Q1 and then hopefully we can trade at break-even for the rest of 2009.
    I think BT will take the $200 million as quickly as possible in whatever form he can get it but remembering he's never liked debt funding.
    PS Are you going to the Orchard Tavern tonight for a game of APL poker - maybe we can spot some good looking Asian ladies to take my mind off these more mundane matters!!
 
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