AVM advance metals limited

anvil obtains a us$15 million facility ..., page-4

  1. 11,486 Posts.
    lightbulb Created with Sketch. 2696
    Yes go figure this market - a very positive announcement today on funding & the market drops 4.3%.
    I'm sure this tie-up with Fortis will allow us to arrange debt financing more easily in the future - for example when we're looking for finance for our first SXEW plant late next year.
    The Kulu technical report had a couple of interesting tables in it including one that said that the first kilometre of the river contains copper grading 8.74% to produce 16.5k tonnes - this should be the section we'll be working on in the first twelve months - we should be able to make $3 to 4 mil net profit after tax/quarter from Kulu.
    Confidence is growing here.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.9¢
Change
0.002(4.26%)
Mkt cap ! $13.70M
Open High Low Value Volume
4.9¢ 4.9¢ 4.6¢ $70.58K 1.465M

Buyers (Bids)

No. Vol. Price($)
2 358112 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 508933 2
View Market Depth
Last trade - 14.41pm 28/07/2025 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.