I disaggree.
opex of around 0,50 look very attractive to me
considering:
1) All over the world mining costs have appreciated considerably during the last 2-3 years (20-50%).
2) SEEW will mainly treat the lower grade part of
Kulu`s reserve
3) IRR will be outstanding nonetheless
Hence in contrast to management i am not that fond
of the low capex staged approaches....
Looking back to Diki`s past development,if it had not been because of "surprisingly" strong rising CU/AG prices at the right time as well as the stock price rising of Golden star shares Anvil would have faced VERY severe financial problems in 2002/2003...
In maximising shareholder value it would have been much better to implement Stage II for Diki
and the second ball mill much faster as they had done.
I acknowledge back then aside from strategic considerations lack of financial means had been the reason,
however now with much more financial abilities Anvil
should pursue their growth capex plans more
aggressively IMO...
- Forums
- ASX - By Stock
- new presentation
I disaggree.opex of around 0,50 look very attractive to...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
-0.003(7.89%) |
Mkt cap ! $5.897M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $9.832K | 280.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 285714 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 23341 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 290352 | 0.034 |
2 | 430303 | 0.033 |
1 | 100000 | 0.032 |
1 | 400000 | 0.031 |
3 | 271666 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 23341 | 1 |
0.037 | 50558 | 1 |
0.038 | 294398 | 3 |
0.039 | 50000 | 1 |
0.040 | 579145 | 2 |
Last trade - 13.22pm 12/11/2024 (20 minute delay) ? |
Featured News
AVM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online