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11.5% 2.9¢ advance metals limited

There's the cleansing notice. What's lurking behind it? Drill...

  1. the_contrarian
    4,523 Posts.
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    16/04/24
    15:47
    Post #: 73370785
    There's the cleansing notice. What's lurking behind it? Drill permits soon?

    It might be lost on the market that if you raise capital and price stays the same, then market cap increases but EV stays the same. That's because they add the shares on issue and the cash. At ~$1m EV it really ticks a lot of boxes. Going forward, it will tick the most important box....cash in the bank.
    AVM Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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