AVM 11.5% 2.9¢ advance metals limited

re: miningnut, nt, flats, marut et al Hi to all the smithies,...

  1. 384 Posts.
    re: miningnut, nt, flats, marut et al Hi to all the smithies,
    Well the first and obvious thing is the HMS plant and the Kulumaziba coarse rejects/tailings, capable of producing 15000 tpa copper within 18 mths, it did not say if that included credits of any type, Marut alludes to cobalt, falko would not have a clue but Cu usually is mixed with some thing generally silver or gold , whatever 15000 tpa of cu is nothing to be sneezed at, the thing is if as Euroz says we double our income over the next 12 mths then an extra 15000 tonnes of cu on top of that within the next year after that ie 2006, then surely we must increase the income by 3/4 times over the next two years, would that not mean that our SP could increase by 3/4 multiples also.
    Mnnn, food for thought.
    Question, Does any body know how big the coarse rejects and tailing thingie is ie how many years of production are there or is it a one off type of thing.

    Cheers falko,
    wishing he had bought more of those oppies at 4 cents a while back, aahh well.
 
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