A good 11% increase today and I think NT's prediction of 50c tomorrow is on the cards. Haywood Securities would have a good idea of what's coming up with announcements in the next three to four weeks with AVM and that's why they're initialising coverage at this stage. Still expecting a Gecamines announcement with capital raising shortly - a low cost operation probably refers to the cash operating costs rather than the initial CapEx.
AVM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
