Share Name Share Symbol Market Type Share ISIN Share Description
Avocet Mining LSE:AVM London Ordinary Share GB00BZBVR613 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.125p +0.21% 58.50p 57.00p 60.00p 57.25p 57.00p 57.25p 7,577.00 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 57.7 -37.8 -14.8 - 122.30

Avocet Share Discussion Threads

Showing 16951 to 16975 of 16975 messages
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DateSubjectAuthorDiscuss
06/2/2017
13:47
POG rising nicely! have followed Avocet for years, still a serial disappointer I see!!! Polaris is correct, check out all the issues before jumping to conclusions about profits.
estoico
26/1/2017
09:13
http://www.cnbc.com/2017/01/26/gold-trump-oil-commodities-ubs.html
tallrugbyguy
06/1/2017
09:31
You might want to take into account debt payments, the recent unrest and strikes and the short life of mine before jumping to conclusions on any p/e calculations. AVM still way into negative equity. Needs a huge increase in pog to remain long term viable. It could make you a decent short term return as a speculative punt. Regards, Paul
polaris
05/1/2017
22:26
Basic investment case Mcap at 62p is £12.9 million production 84,000 ounces a year resource 7.4 million ounces in various categories. all in sustaining cost $1050 84,000*1050=$88,200,000 just to break even. 84,000*1100=$92,400,000 profit of $4.2 million 84,000*1150=$96,600,000 profit of $8.4 million 84,000*1180=$99,120,000 profit of $10.9 million. 84,000*1200=$100,800,000 profit of $12.6 million. 84,000*1250=$105,000,000 profit of $16.8 million. so at todays gold price we should be throwing off nearly 11 mill profit while capped at £13 mil with no value for the resources already proven. put that on any sort of p/e of 2 or 3 and you get a MCAP of £39 million or £1.80 a share. at $1250 gold which is achievable this quarter the target shareprice is nearer £2.35 based just on profit.
scyther
05/1/2017
14:05
also ubs investment bank has increased to over 10% thats another positive in this gold price environment.
scyther
05/1/2017
13:22
just bought in although paid 10% more while I checked what the actual MCAP here was as their own website was saying £134 million high costs here but with nearly 80k ounces production every $10 increase in spot gold adds 780k to profit and on a MCAP of just £13 million its very material. thats really the rationale behind the investment. I remember Eric sprott from sprott asset management saying years ago that the biggest movers amongst the producers are those with the highest costs per ounce as they experience the biggest jumps in profit with a rising spot price. yes there is debt here but so is AAZ and thats capped at double AVM with similar levels of debt and no where near the level of production. the fact that we are now un-hedged should act as rocket fuel as evidenced by todays rise and thats just the start. with gold over $1200 soon our profit margins pretty much doubles.
scyther
05/1/2017
12:59
Every $10 on spot gold adds 700-800k to profit. Capped at £13 mill makes for a good play on rising gold prices.
scyther
22/12/2016
12:26
Surprised no comments on the sale of 40% of the Tri-K assets for $4m to Managem. They will get it through BFS and will then end up with either 60% or 70% of the interest...AVM assets effectively being sold off here and these are the only ones worth anything going forward. If AVM make it through 2017 i will be amazed, assuming pog stays at current levels. regards, Paul
polaris
28/11/2016
11:10
Out at 55.45P.
pixi
25/11/2016
14:42
Oh yeah nice RNS, watch this rise and the shorts get roasted.
sh1984
24/11/2016
16:24
Worth a wee punt on positive horsetrading to resolve difficulties: 7000 at 49.75p.
pixi
23/11/2016
08:32
Mixed news in today's RNS, good news on the court case outcome jut needs the gold releasing and an agreement between the two parties and the mine can re-open. Great buying opportunity now
sh1984
10/11/2016
09:43
Why is this dog languishing
shaf200
08/11/2016
13:52
Gold will boost it when that arrives.
edjge2
08/11/2016
09:37
going to 150 soon
lovegod2
08/11/2016
08:37
Big rise, expect a slower recovery 80-85.
edjge2
08/11/2016
07:20
RNS inata back in biz soon, decision backs company but have to sort debt.
edjge2
07/11/2016
08:02
Where is the RNS? Looks bad
niggle
03/11/2016
21:31
quick one til this am. Suspect another big rise coming maybe from 50p if gold helps
edjge2
03/11/2016
13:02
People playing with fire here imho
niggle
02/11/2016
13:26
I suspect that many of those buying this are just speculating, probably haven't even read the recent RNS
niggle
02/11/2016
13:05
trend trumped so going up, bounce from 1300? but FOMC unlikely to raise so may run up until 7nov when case deferred or found against them
edjge2
27/10/2016
21:02
salpara Yep I hope they realise a busted outfit can't pay. Company playing poker. big mom suspect about 15-20p by 6Nov
edjge2
27/10/2016
20:32
I may buy some again at 2p for the final dead cat bounce.
big momma
27/10/2016
12:54
This has been a valueless share for a long time now. It might make a few spikes here and there on random news but the plain facts are that the company sits well into negative equity, Inata does not have a long life-of-mine and all the Tri-K assets are collateral on a loan from Elliott. If anything comes of them i expect the loan to be called in, AVM to declare bankruptcy and Elliott to take the only part of the assets that might have a future. I suspect that this will become a single figure penny share again at some point in the next 12 months. regards, Paul
polaris
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