AVM advance metals limited
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I didn't say which Tuesday we will see $5. Looking like one...

  1. 7benson7
    628 Posts.
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    05/03/10
    20:46
    Post #: 6413195
    I didn't say which Tuesday we will see $5.

    Looking like one Tuesday in March based on:

    Kins II : $683m NPV/150.4m shares = $4.54 per share in addition to existing kins production of 50m lb Cu p.a. @ $US3.2 x 25% NPM /150.4m shares = 28c /share conservative profit potential - up to 45c with boom NPMs). At an easy 10x this is $2.80 - $4.50 making target share price $7.30-$9.00 before considering any of the new deposits identified. What are these worth? No way I'm out of this thing before $10.

    May not be much help for any long termers out there but for us mugs who got / get in cheap, giddy up.
    AVM Price at posting: $4.43 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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