AVM advance metals limited
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congo enquiry, page-9

  1. miningnut
    11,385 Posts.
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    12/06/07
    13:23
    Post #: 2529628
    The cobalt credits will be a very handy by-product once the SXEW plant is commissioned in June,2009.
    The Measured & Indicated resource of 43,800 tonnes has a present in-ground value of $US2.73billion based on current prices of $US28.30/lb(compared with our current market cap of $US1billion):

    http://cobalt.bhpbilliton.com/
    AVM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.001(2.17%) 		Mkt cap ! $12.45M
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