AVM 16.7% 2.0¢ advance metals limited

new ann just out, page-13

  1. 27 Posts.
    re: i'm getting nt's sleeping sickness? Not sure how closely anyone read the short form prospectus, but what did catch my eye was part of note 2 under the use of proceeds:-
    "The initial capital expenditure of such a HMS plant was estimated to be $23 million, which capital cost includes the refurbishment costs of either an existing smelter or metallurgical complex in DRC."
    Am a bit unsure if this means they may also be looking at smelting somewhere close by???
    Mnut what is your take on this??
 
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