AVM advance metals limited
Add to My Watchlist 4.08% ! 4.7¢

Agree Davcorr!As indicated -- any glitch with commisioning of...

  1. NT
    1,708 Posts.
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    09/09/04
    11:46
    Post #: 574410
    Agree Davcorr!

    As indicated -- any glitch with commisioning of Stage 2 plant (not an unreasonable expectation) could see a minor slump in AVM share price to the advantage of institution positioning itself to accumulate.
    My interpretation anyhow.

    We know the calibre of AVM management and expect Stage 2 to be up and running successfully about the end of this month (give or take a little).

    AVM will thereafter be re-rated to the next level.

    Wilson's seem to suggest about 60 cents?

    Could not disagree too strongly.
    The anvil/Gecamine negotiation should add a premium onto this figure.
    Then again institutions like to see outcomes - not potential.

    Cheers

    NT

    AVM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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4.7¢ 		Change
-0.002(4.08%) 		Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

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Price($) Vol. No.
4.8¢ 25000 1
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