AIV activex limited
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cap raising to exploit high grade 7% cu target

  1. Pompie
    601 Posts.
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    22/01/10
    22:02
    Post #: 6238124
    Perhaps The company is raising capital for drilling at Florence Bore North and South and at Green Valley. This is would be great news as the area has copper potential. Copper grades for the big 12 copper mines which currently supply 33% of world copper are less than 1.5%. Also marginal costs of production are rising due to falling copper grades, increasing fuel and labour costs.
    AIV Price at posting: 8.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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