AVM advance metals limited

Despite good returns from the development of this very risky...

  1. 4,095 Posts.
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    Despite good returns from the development of this very risky proposition (from a sovereign risk point of view), not one cent of dividend has yet been paid to the true bearers of the risk- shareholders. No current intention to either. Familiar story? Taking the benefits Anvil has given the local population in the way of schools and hospitals etc. and all the money going to the clowns in Kinshasa instead, will make the locals bitter. I am not that old, but old enough to remember the Katangese secession movement, Moise Tshombe and the Katanga Gendarmerie seceding from DRC unilaterally with the secret backing of Union Miniere and the Belgians. That civil war raged for years, involving the UN etc. The UN usually backed and still do, the bad guys. Even had a friend who was a mercenary there for a while, in Katanga. Like all regimes in these backward countries, they have a limited regime life expectancy and they try to loot all they can before the next mob throw them out and over and over it goes. Ad nauseum. The Germans had a way of dealing with the unreasonable tribal locals in South West Africa earlier in the piece. They shot 80% of them. That country is now one of the more stable places in Africa.
 
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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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