AVM advance metals limited

Dartboard,The full calcs of my profit estimate for the Sep qtr...

  1. 11,398 Posts.
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    Dartboard,
    The full calcs of my profit estimate for the Sep qtr is as follows:(in US$mil)
    Sales revenue:
    7.5mil lbs Cu @ $1.23 @ 96% assay 8.86
    275k ozs Ag @ $6.19 @ 90% assay(20c/lb net) 1.53
    GROSS SALES 10.39
    Smelting,refining & realisation costs(13c/lb) 0.98
    NET SALES(NET SMELTER RETURN) 9.41
    Other cash costs(60c/lb) 4.50
    DRC govt Admin fee 1% of sales 0.11
    Net smelter royalty @ 6.25% on NSR 0.59
    Interest payable 0.18
    Deprec & amort 0.50
    Contingency-explor w/off,options value,FX losses 0.25
    Head Office costs- General & Admin/Marketing 0.75
    TOTAL COSTS 6.88
    NET PROFIT before tax & minorities 2.53
    Less: 10% minorities(before conting & HO costs) 0.35
    NET PROFIT(with no tax to pay) 2.18

    Notes:
    1)Rebublic House,metal trader,purchases all copper & silver but gets a 4% commission on Cu revenue and 10% commission on Ag revenue,hence the 96% assay & 90% assay on the revenue lines.
 
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Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

Buyers (Bids)

No. Vol. Price($)
2 185506 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 25000 1
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Last trade - 15.53pm 26/06/2025 (20 minute delay) ?
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