AVM - Anvil Mining (was AVL)

[slam]

Used to be alot of talk on avl thread.
http://www.sharetrader.co.nz/topic.asp?TOPIC_ID=14439&SearchTerms=avl

Bounced of 33c on friday.
Anyone still follow them?

Cheers
Slam

[OldRider]

I'm still holding some, dropped recently since share restructure. This may had small effect but think more likely unrest in DRC the most likely reason. I have not seen any other announcement re this or anything else, production & costs seems to be meeting budgets.

Could be one to watch if political unrest subsides
plant upgrades should increase profitability.

[slam]

A better silver price on the horizon may help out.

[Watson]

Still like the look of this stock.....and to think i owned them at 9c...anyway they posted a solid performance to achieve a NPAT OF 400,000 previously and stage 2 dikulushi is due to commence which will increase production dramatically..

One to keep an eye on...cheers Watson

[Gofish.]

I'm still in - mostly from 12c.
Bit of discussion to be found on HC. View seems to be that CBA has been dumping - they had plenty from lower down.
May be a delay implementing stage II, also a few logistics issues with the trucker going belly up, but opportunity to buy assets from the liquidator, and also get some bigger trucks.
Surprised by the drop below 40c but think it will come back.
Higher production, lower transport costs etc from higher grade concentrate, solid copper price etc. Looking forward to getting back to 60c+.

[Watson]

Good info Gofish...one to watch......Stop loss
The important thing to watch is the troy ounce price of silver...if it slides then margins get squeezed...on the other hand better returns the other way.
Cheers Watson