AVM 4.17% 2.3¢ advance metals limited

The other highlight for me is the apparent drilling success at a...

  1. 10,674 Posts.
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    The other highlight for me is the apparent drilling success at a regional Dik target - it would be good to get production at Dik up sometime in the next two years.
    I wonder if the profits at Dik in the Sept qtr can ever be matched again as:
    1)Corporate tax at 16% commences as from the current qtr.
    2)TC/RC's will increase next year - we've been paying $45/t & $0.45/lb this calendar year - it'll probably double next year.
    3)No mining costs this year as all material was stockpiled from last year & underground mining costs will be more expensive than open pit mining.
    4)Copper price in the future unlikely to average over $3.50/lb.
    To counter this I'm sure they'll get Kulu back performing again & Kins profits next year will be substantial.
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $3.114M
Open High Low Value Volume
2.3¢ 2.3¢ 2.3¢ $3.205K 139.3K

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No. Vol. Price($)
1 49995 2.0¢
 

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Price($) Vol. No.
2.6¢ 106298 3
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Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
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