AVM 0.00% 3.8¢ advance metals limited

The recovery by the end of this week - my suggestion - has not...

  1. NT
    1,708 Posts.
    The recovery by the end of this week - my suggestion - has not been really so.

    A stablisation of trading and price perhaps is a fair comment.

    Market price has proven again and again that actual profits AT THE TIME are greatest influence on share price.

    Anvil is no longer a single digit exploration type potential mining company that could rocket overnight.

    The single figures to present lows has been the one.

    Some premium for potential maybe?
    Not so much?

    These considerations lead to a conclusion that Anvil will need to produce profits NOW for significant positive moves in share price.

    That will happen.

    Next quarterly report due late August - perhaps financials mid September? - will be the catalyst for surge in share price.
    Assuming not only a Dikulushi bounce back to profitibility but a bounce back to record profitability.
    For May/June anyhow.

    The following financial report - in December? - could be the one to move share price.
    Three months of full production at Dikulushi.
    Kulumbaziba in profit making mode - but post that particular financial report period.

    Still believe 50 to 55 cents along the way.
    In anticipation.
    Is likely sooner rather than later.

    Still looking for close to 80 cents when Kulumaziba cuts in.

    $1.20 by early 06?
    Maybe - but that seems a long way off now.

    Cheers,

    NT

 
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