It should be highlighted that the Euroz price forecasts for copper is only $1.40 for calander year 06 and $1.10 for cy 07. I don't recall seeing any price assumptions for silver so I assume they would be at the $6.50-$7 US mark if not lower.
Basically their valuation is conservative as it assumes a significant drop in metal prices from current levels.
euroz report, page-2
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2.4¢ |
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Mkt cap ! $3.249M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| AVM (ASX) Chart |