AVM advance metals limited

***copper going ballistic *** Copper is now over $1.46 and still...

  1. 7,163 Posts.
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    ***copper going ballistic *** Copper is now over $1.46 and still rising .
    Usage is outstripping supply and stockpiles are at critical levels . To top it off the worlds largest copper mine has been hit by another strike .
    These workers arent happy little vegemites ,and given the chronic nature of these problems does not look like any early resolutions in the wind .
    This will only exacerbate the stockpile shortages for some time to come .
    A quick look at the chart for copper stockpiles in the past year shows the dire consequences about to befall copper users , with an almost perfect 45 degree angle cutting the page in two . I have been waiting patiently in copper stocks for the mother of all rides ,and it looks to be on us right now .
    This could be the beginning of an exposive rise in copper price ,and I am hesitant to even try to predict an upper limit for this .
    It will take something extraordinary to stop this from happening now .
    I am loaded up on Anvil and Oxiana and others I am still accumulating , so to any anvil holders wanting to sell , All I can say is ........ think carefully !
    Cheers ,Brenden
 
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(20min delay)
Last
4.8¢
Change
-0.001(2.04%)
Mkt cap ! $12.72M
Open High Low Value Volume
4.8¢ 4.9¢ 4.7¢ $48.61K 1.017M

Buyers (Bids)

No. Vol. Price($)
2 398371 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 465000 3
View Market Depth
Last trade - 10.48am 26/06/2025 (20 minute delay) ?
AVM (ASX) Chart
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