AVM advance metals limited
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Net profit likely to disappoint on the downside when result is...

  1. miningnut
    11,513 Posts.
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    09/05/07
    17:10
    Post #: 2434259
    Net profit likely to disappoint on the downside when result is released tomorrow night - I'm expecting $US18mil compared to $21.3mil in Dec qtr - mainly as a result of lower copper prices during the quarter.
    Shouldn't really have any effect on the sp as we know that copper prices have since rebounded again and Kinsevere production is getting nearer & nearer - And I'm sure BT will have an upbeat presentation at the AGM tomorrow night that will more than overcome any negative sentiment from the quarterly profit result.
    AVM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $12.02M
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