AVM 0.00% 2.6¢ advance metals limited

completes commissioning of stage11, page-10

  1. 118 Posts.
    It is a good feeling to know one is invested in a
    company who applies operational excellence.
    To achieve designated performance just after
    two weeks of ore feed is quiet an achievment and
    tells a lot about the tecnical expertise of Anvil, the quality of the stuff as well as about the metallurgical easyness of Dik.

    Again i need to say very well done Anvil!

    What Haywood is concerned well i guess they will revise
    their target price most likely after the underground
    drilling results and new mining plan desicion or after
    new deals (whatever comes earlier). Or may be if
    one in their analytical department wakes up and
    revises their bearish commodity price forecasts, the longer they wait the longer they look stupid, very stupid indeed...

    Anyway the real story of growth will enfold soon i hope
    and lies in the Copperbelt......

    @Flats I only have a rough (so can not figure out the exact precise figures) cu price chart beginning
    from 1972.
    There have been 5 distinct price spikes ( pricesUS
    $/to)
    a) Jan 1974 nearly 3400
    b) Jan 1980 3000
    c) Jan 1988 3300 and again Jan 89 3450
    d) Jan 1995 3150
    and of course lately this year Jan 3200 or so.

    Before 1972 i doubt that prices ever reached levels
    about or even over 3000.

    Now that i write all this i notice always January high levels, bodes well for Jan 2005 and a happy Xmas for all of us.

    cheers
 
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