In Canada last night Anvil surged another 24 cents or 5% to reach another two year high.
The prediction some time ago of - closer to $5 late 2010/ early 2011 on ASX - is close to being achieved.
Today may see ASX price of just below $5 as surging AUD now values our dollar higher than Canadian dollar.
With SX-EW plant closer to completion - probably in February next year, corporate developments looking more than likely into 2011, Anvil share price has much more potential upside.
The $7 to $9 share price prediction for 2011 may well be swept aside and $9 to $12 may be possible.
Whatever!
Anvil the company and Anvil share price looking very positive in the next 12 to 15 months.
AVM Price at posting:
$4.79 Sentiment: ST Buy Disclosure: Held
