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11.5% 2.9¢ advance metals limited

annual accounts(take 2), page-8

  1. miningnut
    10,479 Posts.
    lightbulb Created with Sketch. 2082
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    02/09/04
    10:54
    Post #: 567008
    re: annual accounts(minnut) You could be right Charlie - but don't know if they would include this in Stage11 CapEx - it should be just extra plant & equipment.
    Still very cheap considering that we'll be at Dikulushi for at least another six years - the D&A expense per annum is very minor - probably less than US$3mil/pa.
    AVM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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