AVM advance metals limited

institution buyers still manipulating., page-5

  1. 572 Posts.
    target for two years. What is a target price for the next two years.

    Better not to have a target.

    HC people have consistently been over optimistic with predicted prices.
    Spot on or underestimating Anvil developments.

    Suggesting a market reluctance to value Anvil without large discount.
    Meaning share price is undervalued.

    As for prediction of two years ahead?

    Had in mind $2.00 for 2007 some time past.
    A little more reluctant now.


    In 2009 Anvil will be producing 100,000 tons copper P/A.
    Three times 2006 production.

    Suggesting a share price of somewhere in the vicinity of $3.00.

    A crude measure would put share price about $2.20 in two years time.

    Perhaps not a lot less in 2007.
    Gut feeling is that 2007 will see a share price in the vicinity of $1.50 to $1.70.

    All assumes Congo Government is stable and peace remains.
    That increased efficiencies - SXEW plant, richer ore, transport, etc. - and less discount due to sovereign risk, will balance a reduction in copper price as production surges.

    Stone Pony has (it seems) indicated a huge increase in proven rich copper ore will change such paramaters and will see greater recognition of Anvil and a surge in share price above and beyond.
    Hope he is correct!!!

 
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Last
4.6¢
Change
0.003(6.98%)
Mkt cap ! $11.92M
Open High Low Value Volume
4.4¢ 4.6¢ 4.4¢ $143.4K 3.206M

Buyers (Bids)

No. Vol. Price($)
1 80000 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 266094 3
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Last trade - 14.31pm 23/07/2025 (20 minute delay) ?
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