AVM 2.22% 4.6¢ advance metals limited

kulu announcement, under budget, ahead of schedule, page-6

  1. 3,321 Posts.
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    I like even better the potential earnings.

    At 36500t a year copper and production costs (including treatment charges etc of around $US0.80/lb) earnings are in the order of $US80-100M.

    Thats a PE of 1! for 2006.

 
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