AVM advance metals limited
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Hi KKRYes, this is a curse from having so much money to invest....

  1. Stone Pony
    1,419 Posts.
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    30/01/08
    09:35
    Post #: 3298995
    Hi KKR
    Yes, this is a curse from having so much money to invest. lol! Not many companies would have Anvil's problem of no debt and close to 300 million AUD in cash to "put" somewhere. Thankfully most of it seems to be in very safe hands.

    The next two years will bring significant growth in copper output all self funded. We could be looking at $350 - $400 million USD rolling in per year after tax in the third year if prices remain at around or near $3 / lb imho.
    AVM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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