AVM advance metals limited
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Ann: Advance to undertake drilling at the Myrtleford Gold Project, page-59

  1. 88X239
    225 Posts.
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    22/01/25
    16:37
    Post #: 77516979
    I sold out all my shares with tiny profit without any hesitation.
    1. CR is inevitable and coming
    2. I don’t like the 17.23Moz AgEq2. It equals around 200k AuEq2, uneconomical coz it never produced before and the cost will be high. The extension needs to triple the size, to say the least.
    The MC is tiny but meaningless if it is uneconomical.
    i may reenter again after the CR but short term trading only.

    AVM Price at posting: 3.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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4.6¢ 		Change
-0.001(2.13%) 		Mkt cap ! $12.19M
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