AVM 0.00% 2.6¢ advance metals limited

~$100m usd issue underwritten @ $6.50 cdn, page-11

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    re: increased - now 23 million issued They have so many choices but a new aquisition seems likely,although with zinc being of some value now they may look much more closely at Duc Po.
    Further if the funds aren't solely for DRC then it could be that there are rich pickings in the copper belt which stretches across a fair slice of that part of Africa much of it in Zambia where EQN are doing very well with a nominal % cu.
    2% of a good thing is not as good as 1% of signficantly more.
    So with positive postulation I am very happy as AVM are heading in the direction of being a major miner.
 
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