re: closer to 70 cents? I think high base metal prices are in part a reaction of high energy costs - I'll be surprised if they all don't retreat by around 25% next year.
But AVM is better off with today's regime of high cu/ag prices & the high diesel costs - it ain't going to get much better in terms of gross margin per lb - to earn more next year they have to ramp up production which they're doing.
And I'm expecting a net profit of $US13.5mil in the current quarter due to higher prices, higher production, higher grades & no damn legal costs.
re: closer to 70 cents? I think high base metal prices are in...
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Last
4.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.45M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 250000 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 576436 | 2 |
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| Last trade - 09.44am 25/06/2025 (20 minute delay) ? |
| AVM (ASX) Chart |
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