AVM advance metals limited
Add to My Watchlist 2.17% ! 4.7¢

I'll get positive only when I see confirmation & details of this...

  1. miningnut
    11,384 Posts.
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    07/05/09
    10:44
    Post #: 5102758
    I'll get positive only when I see confirmation & details of this $150 to 200 million financing package.
    They'll need to complete these negotiations whilst the Chinese are still buying up copper stocks for their strategic reserves as copper prices might ease again shortly.
    Another sizable loss in Q1 to be announced next week and the HMS production at Kinsevere in 2009 will hardly cover their admin costs.
    I'm still smarting over the inept investment of previous placement monies together with the abysmal performance of the two EAF's.
    AVM Price at posting: $1.66 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.7¢ 		Change
0.001(2.17%) 		Mkt cap ! $12.45M
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4.5¢ 4.8¢ 4.5¢ $82.24K 1.732M

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