I guess so. The good part is that cash burn is relatively low. The admin for net quarter is predicted at 120k, with exploration the main cost. Even after next quarter there should be more than $2m in the bank.
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AVM
advance metals limited
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8.16%
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4.5¢

Ann: Quarterly Cashflow Report, page-4
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Last
4.5¢ |
Change
-0.004(8.16%) |
Mkt cap ! $12.58M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.5¢ | $80.51K | 1.717M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 651475 | 4.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 521475 | 0.045 |
1 | 200000 | 0.044 |
2 | 522000 | 0.043 |
2 | 118000 | 0.040 |
1 | 256410 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 100000 | 2 |
0.048 | 500000 | 1 |
0.049 | 355000 | 3 |
0.050 | 636929 | 5 |
0.051 | 200000 | 2 |
Last trade - 15.04pm 29/07/2025 (20 minute delay) ? |
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AVM (ASX) Chart |