AVM 0.00% 2.6¢ advance metals limited

next step forward?, page-8

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    I said the HMS plant didn't earn us 'much money' - they earned US$6mil last year of which $1.4mil was a gain on sale of GSR shares - so they earned US$4.6mil from Dikulushi and there were 23.5mil shares(Canadian) on issue at the end of the financial year so they earned US20c/share from Dikulushi.
    They will earn US$21mil from a FULL year with the StageII Ball Mill or US90c/share - that's a huge difference in my book.
    Unfortunately they've earned nil,zip,zero from the first four months of this financial year(will I blame the HMS plant?)so will only earn US$14mil from the next eight months of the financial year.
 
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