AVM advance metals limited

re: copper/cobalt- announcement Yes there's a second page to...

  1. 11,392 Posts.
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    re: copper/cobalt- announcement Yes there's a second page to that announcement.Another incredible deal for us with no initial upfront payments, an operating mine that we'll upgrade with our HMS plant from Dikulushi and all we're paying is a fee based on the amount of tonnes mined/operating costs and there's at least 180kt of contained copper.
    Once we've completed a feasibility study on a larger project in 2006,we'd then be up for an acquisition cost based on fair market value (which needs to be better defined but would be commercially sensitive as it's probably calculated on a giveaway price).
    Now we've got the projects,so all we have to do is operate them efficiently and pray for peace.The million dollar question is how many mines/deposits do we now have or will have in operation by 2006.
 
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Last
4.9¢
Change
0.002(4.26%)
Mkt cap ! $12.98M
Open High Low Value Volume
4.7¢ 4.9¢ 4.5¢ $302.2K 6.379M

Buyers (Bids)

No. Vol. Price($)
1 45000 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 36773 1
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Last trade - 15.57pm 25/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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