AVM 2.13% 4.6¢ advance metals limited

yearly report!, page-4

  1. NT
    1,708 Posts.
    re: yearly report! nt Duc --
    Those who follow AVM on this forum have been well aquainted with the Gecamine take-over possibility.
    Also am placing "possible" take-over of Gecamine as am not able to indicate such will happen.
    My comments are "broad-brush" as most perceptive people on Hotcopper would surely realise.

    I am not into great introspection of details!
    Hence the exact nature of cost over-run for stage 2 (most companies would have similar outcomes nearly all the time - ie cost over-runs in new projects) is not a concern.
    To my mind concentrating on such nebulous details - while important to some - tends to lead to tunnel vision as opposed to comprehending big picture.
    Many factors such as track record of Anvil management add to the acceptance of such minor distractions.

    You are obviously more introspective - into detail - than I.
    I appreciate people who are into detail - introspection - as they assist me in obtaining a balanced point of view.

    The nature of your approach has led you to a conclusion that my post was misleading with regard to Gegamine/Anvil negotiations.
    That's OK.
    My outlook is more into regarding the difference as perifory - towards being inconsequential.

    I do not expect you to agree to this difference for reasons previously stated.

    If you have a positive contribution to make on this forum I would be delighted to take note!

    Cheers

    NT
 
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