AVM 11.5% 2.9¢ advance metals limited

base metals article that may be of interest, page-2

  1. 572 Posts.
    Thanks KKR.
    Always delighted to receive positive information.

    Have been contemplating, hoping, anticipating such scenarios but your item brings the focus into a much shorter time span than expected.

    Anvil needs a world wide reduction in copper production and an increase in consumption before share price can move along strongly -- as for the past.

    The reduction in mining-production appears to be on the way but needs time to impact. Perhaps at least six months -but 12 to 18 months more likely???

    Consumption will take off eventually.
    All the factories reducing production, cars not being bought, houses not being built, etc, etc, will cause a "backlog" of need.
    When confidence returns such items will be in demand and copper consumption will surge.

    When we see stockpiles decreasing and not increasing - rapidly as for recent weeks - we will be up, up and away!

    We just need Bill to progress the SX-EW plant in the anticipated time frame.
    If it can be done - it will be done!

 
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