AVM 16.7% 2.0¢ advance metals limited

annual results released, page-3

  1. 513 Posts.
    I don't think BT would be very unhappy with the high operating costs. We need to reduce our operating costs! We all knew that they would be higher, I didn't think that high.

    I think that maybe management have taken the focus off Dikulushi and have turned to other new projects. I think they have dropped the ball, how else do you explain the higher costs. The cash costs per pound for the Dec quarter was $0.79. I feel that management needs a good size 12 up the @rse! I know that the mine was closed down for a few days during that period, plus all of the other reasons mentioned in the report.

    I just hope we make the most of the high copper prices in the coming months, buy reducing some of the operating costs. Hopefully the higher grade ore should help out.

    Why do I feel a bit down after they report? Is it I have too high expectations for this company.
 
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