AVM advance metals limited

Hi folks, greeting to alljust stopped by while being on vacation...

  1. 118 Posts.
    Hi folks, greeting to all

    just stopped by while being on vacation in greece.

    Some salient points from my point of view

    1) Still i do not put so much significance in the
    trading actions as of late, specially since the
    volume is very small

    2) Anvil would be stupid not to orchestre the
    supposed new equity infusion in such a way that the
    price for new shares is highest as possible for
    obvious reasons. In doing so it is essential
    to have a good timing in terms of market climate
    and newsflow. So i do believe the issue will come
    after reserves increase annoncement, additional positive exploration findings, proof stage 2 is working
    as planed (even if this is based only on the outcome of one month after ramping up), announcment of accerlated Stage 111 development and a good promotion of the Gecamins deal all of wich can happen well until end of Octocber, this is just only another 2 months....May be even other unspected goodies happen
    in that timeframe (World bank loan, zambian initiative etc)

    3) The financing of the Gecamines deal can be a staged
    approach (only a partly pay after conclusion) so
    i do not see the immediate pressure to sell shares
    at any price (I hope(d) these times are over).

    4) In case the financing will come at a quiet low price
    and not say AT LEAST at/above the latest issue
    price of can 4.25 than not only the underwriters of
    these issue will be disgruntled. I certainley would
    be not be amused either and most likely change
    my position and move to another stock.

    The pessure is on management. Mr Turner always complained about the low price, this was also the reason to move to Toronto .Now it is time to be smart
    and deliver and execute wisely.
 
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(20min delay)
Last
4.7¢
Change
-0.002(4.08%)
Mkt cap ! $12.45M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $78.91K 1.662M

Buyers (Bids)

No. Vol. Price($)
2 185506 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 25000 1
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Last trade - 15.53pm 26/06/2025 (20 minute delay) ?
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