re: another underperforming quarterly
Dikulushi is typical of high grade vein systems and they generally peater out with depth although some I have seen in Java extend up to 500 or so metres deep and are still being mined. AVM may have 5 or so years production, perhaps more. That the company is expanding processing facilities indicates to me that they have additional resource(s) close to Dikulushi and available for transport and processing. The grade will be lower, probably in the 3-5% range - but it is still very good. I would like to see some data on their near-mine exploration to get some idea of future production.
