AVM advance metals limited

Flats agree about the $150 million slug.Very inappropriate.Bill...

  1. 572 Posts.
    Flats agree about the $150 million slug.

    Very inappropriate.

    Bill will obviously puting forward sound arguments against.

    If payment is not negotiable perhaps an agreement to pay the amount over a ten year period - at $15 million a year -
    might put a better perspective on the matter.

    One hopes for flexibility of Congo Government in negotiations.

    The bottom line is that if Congo Government takes (SAY for a hypothetical example only) 10% of Anvil profits, share valuation will reduce by the same percentage.
    Shareholders can cope with that.
    Most anyhow.
    Surely the damage will be much less than the hypothetical 10%.

    Certainty after negotiation and agreement is very important.
 
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(20min delay)
Last
4.3¢
Change
0.000(0.00%)
Mkt cap ! $12.02M
Open High Low Value Volume
4.3¢ 4.3¢ 4.2¢ $20.44K 485.7K

Buyers (Bids)

No. Vol. Price($)
1 36854 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 13998 2
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Last trade - 12.14pm 01/08/2025 (20 minute delay) ?
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