AVM advance metals limited

The forward looking statements in the press release read well....

  1. 2,388 Posts.
    The forward looking statements in the press release read well. If they can keep to the forecast 50,000 tonne production we're looking at an income in the region of $140-165mill $US for the 07 calender year.

    I'm forecasting 11,000, 13,000 and 18,000 tonne production for the next 3 qrters. Just an estimate but it takes them to their 50k production target.

    Actually a good quarterly considering the relatively low Cu price of $2.50-60 pp. The 2nd qrt already looks to be around the $3.10-20 pp mark, a very nice 20%+ increase.

    Also don't mind the fact Kulu production was down as it's now worth significantly more.
 
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