AVM 11.5% 2.9¢ advance metals limited

Thanks Goldsbooks.You have an interesting suggestion...

  1. 572 Posts.
    Thanks Goldsbooks.

    You have an interesting suggestion re-takeover.
    Trafigura has a holding in both companies - Anvil and TGS.

    TGS is in close proximity to Anvil areas in Congo and is in a similar position to that of Anvil not so long ago - looking to establish a copper mine next year and an SX-EW plant later on. Is in a sound financial position.
    Would make sense if TGS and Anvil combined into one company.

    Could that be the basis of Anvil management indicating there will be "future opportunities" once cash flow takes off?

    There certainly seems to be some corporate maneuvering judging by share price surges and steady high turnover.

    TGS share price stable and not indicative of any imminent corporate developments.
    Might be a potential "winner" in the near future however.

    Best wishes to all!

 
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