AVM 4.35% 2.2¢ advance metals limited

quarterly results, page-2

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

    All as predicted.
    The outcomes by you.
    The share trading expectations.

    Did suggest institutions were taking up their positions before the report was released - hence climbing share price.

    Suggested a lull on report release - institutions already saciated - and the probability of a slight fall back in share price on low turnover.

    Let us hope that the further prediction - that share price will steadily climb over the next three months as institutions and private investors absorb the implications of the latest quarterly report and start to factor in the surging profits being made in the September quarter.

    Miningnut has outlined this matter quite well.

    Drilling results are being processed by contractors in South Africa.
    Until this organisation completes the work (and they are not in a hurry!) Anvil management is not in a position to release the analysis of the drill results and report the findings (to mine or not to mine, etc) in a proper manner to the market.

    Cheers,

    NT
 
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