AVM advance metals limited

Interesting thought Quantarb,I was thinking that given their...

  1. 515 Posts.
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    Interesting thought Quantarb,

    I was thinking that given their exisiting capital and likely future long term cash flow they'd be able to debt fund the remaining capital requirements.

    I think this is just a bit of a pull back after we got ahead of ourselves a little. I would think the significantly lower copper prices would have hurt us last quarter. Comments about artisanal miners at Kulu and still waiting for the Kins 'button push' will have shaken a few punters out. The next quarter or two might be a little tough as all the pre-strip/overburden costs come onto Kins with little copper to show for it.
    Final quarter this year should give an indication of where we really sit - and I reckon $25 would be a reasonable punt.

    All the above is only guessing from a seat in China - not the Congo.

    Cheers,

    Stu
 
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(20min delay)
Last
4.7¢
Change
0.001(2.17%)
Mkt cap ! $13.14M
Open High Low Value Volume
4.6¢ 4.9¢ 4.6¢ $213.1K 4.518M

Buyers (Bids)

No. Vol. Price($)
1 2680 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 94928 2
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
AVM (ASX) Chart
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