AVM 0.00% 3.8¢ advance metals limited

Spot on Marut.Yes a little surprised that there was no comment...

  1. NT
    1,708 Posts.
    Spot on Marut.

    Yes a little surprised that there was no comment about just released report.

    However Miningnut and others were so very close to the mark in their posted expectations that follow up comment was really redundant.

    Miningnut has already posted his expectations for the third quarter and the latest report indicates his expectations are still valid.

    Hence no ground breaking comments now!

    What we do know however, is that institutions are largely valuing Anvil on results.

    The "Show me the money first" approach.
    Or "We won't revalue Anvil until we see the proof/profit!".

    Once Anvil post the third quarter report statistics one can imagine the revaluation which will take place.

    That is why predictions of 70 cents SP based on the third quarter earnings and $1.00 early next year have been put forward.

    Remember that institutions will not wait for the report.
    They will be digging around for information and the share price will move before information is presented to market.

    Anvil is shaping up as a very strong medium term buy.

    And a great long term buy.

    Cheers,

    NT
 
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