AVM advance metals limited
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The worst thing about this is that they won't be able to...

  1. miningnut
    11,482 Posts.
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    16/06/05
    20:26
    Post #: 950398
    The worst thing about this is that they won't be able to complete their proposed loan agreement with RMB for some $10mil as the security is to be the assets of the Mutoshi J/V - that money is definitely needed - I would say they'll have to place 1/2mil shares(10/20mil CDI's) to raise $3/6mil before 30 June.
    My spell-checker says it's spelt VIGOROUSLY.
    Yes it must be resolved quickly as work on the Kulu project has probably now been stopped.
    AVM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.7¢ 		Change
0.001(2.17%) 		Mkt cap ! $13.14M
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