AVM 0.00% 2.2¢ advance metals limited

near its low

  1. 10,435 Posts.
    lightbulb Created with Sketch. 2050
    We still have to look forward - AGM presentation on website says we'll be producing 80,000 tonnes of copper in 2010 - that will give us revenue of $US650mil as most of this will be cathode copper.
    Disappointing to see we'll go for a four year period between 2006 to 2009 with production between 42kt to 50kt but with the commissioning of the EAF's by the end of next month, the quality of the end product at Kinsevere will mean a doubling of the revenue from Q3 from the same amount of copper produced.
    Patience as always as Q2 financials could be tough.
 
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